Population growth is similar to depreciation, in that ________

A) each lowers the capital-labor ratio
B) each tends to encourage saving
C) capital wears out faster when used by more workers
D) each helps to explain how economies can sustain a positive growth rate of output

A

Economics

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Cyclical unemployment ________ during expansions and ________ during recessions

A) increases; increases B) increases; decreases C) decreases; increases D) decreases; decreases

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The real return on bonds is

A) 0. B) r. C) R. D) i.

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