Growth accounting is a method which measures the contributions to economic growth from what three factors?

It is possible for the United States to compete against cheap foreign labor because expensive domestic workers

A) pay U.S. taxes. B) receive subsidies. C) are more productive. D) belong to unions.

The production of cigarettes is highly automated; however, a worker is required to monitor each machine. Machines and workers do not interact with one another. Given this information, there are most likely

A) economies of scale. B) economies of scope. C) constant returns to scale. D) increasing returns to scale.