According to new growth theory, economic growth is driven by

The principle that states that we should strive to achieve the greatest happiness for the greatest number is called

A) the big tradeoff. B) the symmetry principle. C) utilitarianism. D) efficiency.

According to the Federal Reserve, household wealth in the United States fell by more than $11 trillion in 2008

Predict the effect this decrease in wealth had on the equilibrium real wage and level of employment, and use a graph to support your answer.