The new growth theory attempts to explain
a. the rate of population growth within a country.
b. the rate of capital accumulation within a country.
c. the factors that determine the size of the Solow residual.
d. why there are diminishing returns to capital.
C
Economics
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In the 1980s, the federal government gradually ________ interest-rate ceiling on deposits at commercial banks and thrift institutions, which has ________ the costs of inflation
A) imposed, lowered B) imposed, reduced C) lifted, lowered D) lifted, reduced
Economics
As part of the "exchange rate effect of monetary policy," a lower money supply causes __________ of the domestic currency and thus __________ net exports
A) appreciation; rising B) appreciation; falling C) depreciation; rising D) depreciation; falling
Economics