Which resource is the main contributor to economic growth in the United States, Latin America, and South Asia?

A) growth in physical capital
B) growth in human capital
C) growth in labor
D) growth in natural resources

C

Economics

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The long-run aggregate supply curve is upward sloping (rather than vertical) in the short-run due to

A. sticky wages B. sticky employment C. sticky interest rates D. sticky output

Economics

Which of the following is LEAST likely to be a reason for the decline in U.S. union membership?

A) declines in manufacturing employment B) increases in the work force of the public sector C) deregulation of transportation industries D) increasingly more immigrant workers to fill unskilled job positions

Economics