Which of the following would you expect to result in faster economic growth?
A) a decrease in research and development spending
B) a decrease in the stock of capital per worker
C) a decrease in the average level of education in the economy
D) the invention of new computers that increase labor productivity
D
Economics
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What do economists consider the “language” of the market system?
a. cash incentives b. market prices c. sales promotions d. credit cards
Economics
First-dollar health insurance reduces the:
A. marginal benefit of medical care to the insured. B. total cost of providing medical care. C. equilibrium amount of medical care received by the insured. D. marginal cost of medical care to the insured.
Economics