Special interest group A receives a 1/10,000th slice of the economic pie (Real GDP). It is seeking a transfer of $1,000. For group A to be indifferent between a transfer policy and an economic growth policy, economic growth must be ________________ times larger than the _________________
A) 1,000; transfer
B) 10,000; transfer
C) 100; transfer
D) 10,000; transfer minus $1,000
E) 1,000; transfer; minus $10,000
B
Economics
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a. Inadequate human capital b. High population growth rate c. Inadequate capital goods d. High productivity e. Inadequate water supplies
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The government may impose industrial safety regulations and occupational licensing requirements in which of the following economic systems?
A. Laissez-faire economy B. Pure capitalism C. Mixed market economy D. Macroeconomic system
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