Governments can use public regulation to help solve information problems by:
A. mandating participation in a market or program.
B. making screening illegal.
C. mandating employers build a reputation before screening.
D. All of these statements are true.
A. mandating participation in a market or program.
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The value of GDP can be found by adding together
A. wages, consumption, investment, and imports. B. government purchases, consumption, net exports, and investment. C. consumption, government purchases, transfer payments, and net exports. D. wages, investment, government purchases, and depreciation.
In the steady state in the Solow growth model, the economy is in equilibrium with the capital-labor ratio and real GDP per worker ________, and with capital, labor, and real GDP ________
A) constant; constant B) growing; constant C) constant; growing D) growing; growing