The establishment of Silicon Valley in California is a contemporary example of _______; one that many have unsuccessfully tried to

Fill in the blank(s) with the appropriate word(s).

network effects

Economics

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Before the late 1700's, living standards in the richest part of the world were

A. About five times higher than living standards in the poorest parts of the world B. At most only two to three times higher than living standards in the poorest parts of the world C. About 50 times higher than living standards in the poorest parts of the world D. About the same as living standards in the poorest parts of the world

Economics

Which of the following is a transfer payment?I.Social SecurityII.Unemployment benefits

A. I only B. II only C. Both I and II D. Neither I nor II

Economics