An example of an industrial policy would be all except:
A. interest rate restrictions.
B. trade barriers.
C. tax breaks.
D. subsidies.
Answer: A
Economics
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Which of the following occurs in the long run neoclassical growth model without technological change?
A. Capital deepening ceases. B. Real wages stop growing. C. The return to capital is constant. D. Real interest rates are constant. E. All of the above.
Economics
Refer to Figure 24-3. Which of the points in the above graph are possible long-run equilibria?
A) A and B B) A and C C) A and D D) B and D
Economics