Traditionally, economists regarded improvements in technology as
A) unrelated to economic growth in any systematic way.
B) the most important factor that helped explain economic growth, and basically the only factor that would cause economic growth.
C) an important factor in explaining economic growth that was due to economic forces that also could easily be explained.
D) an outside factor that helped explain economic growth.
D
Economics
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Commodity money
A) has value independent of its use as money. B) has little to no value independent of its use as money. C) can be used to purchase commodities, but not services. D) is backed by a valuable commodity such as gold.
Economics
You find that your paycheck for the year is higher this year than last. Does that mean that your real income has increased? Explain carefully
Economics