Over time, continued budget deficits lead to
a. a higher capital stock and higher productivity.
b. a higher capital stock and lower productivity.
c. a lower capital stock and higher productivity.
d. a lower capital stock and lower productivity.
d
Economics
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Why do some economists think that taxing capital gains results in a locked-in effect?
What will be an ideal response?
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The slope of the total product curve is the
A) average product. B) slope of a line from the origin to the point. C) marginal product. D) marginal rate of technical substitution.
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