One important factor that affects economic growth is
A) gold reserves.
B) the rate of saving.
C) which political party is in power.
D) the number of workers in heavy industry.
B
Economics
You might also like to view...
The figure above shows the demand for and supply of labor of students in Smallville. If the minimum wage is set at $4 per hour, how many hours of students' labor are unemployed?
A) 12,000 hours B) 9,000 hours C) 6,000 hours D) 0 hours
Economics
Each of the following statements about the use of models in the study of economics is true EXCEPT:
A) models fit the observed facts exactly. B) models are sometimes revised in light of new research findings. C) models are easier to manipulate than the reality they represent. D) models contain the essential features of the economic behavior being studied.
Economics