Most firms have very little flexibility in their choice of input proportions.
Answer the following statement true (T) or false (F)
False
Economics
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If you wanted to understand how an economy grew without looking at the impact of inflation, you should use ________ to compare different times within the economy
A) real GDP B) nominal GDP C) the CPI D) the GDP deflator
Economics
Which of the following is a way to obtain endogenous growth:
A) inflation. B) human capital accumulation. C) physical capital accumulation. D) population growth.
Economics