What is the growth in resources when total factor productivity grows by 3.5 percent and the economy grows by 2.7 percent?
a. 0.8%
b. -2.7%
c. 3.5%
d. -0.8%
e. 0.6%
d
Economics
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If the Federal Reserve purchases government securities,
A) banks' reserves will increase. B) the federal funds rate will rise. C) the discount rate will be forced higher. D) None of the above answers is correct because none of the effects occur.
Economics
Between 1866 and 1914, statistical evidence suggests that many big businesses depended heavily on U.S. protectionist policies
Indicate whether the statement is true or false
Economics