An economy of 80 million people has ten percent of them engaged in research and development, where their productivity is 0.0035
The economy is on a balanced growth path, when suddenly 2.88 million people move from goods production into R&D, raising the fraction there to 13.6 percent. In the one period that begins with this labor reallocation, the growth rate of output is ________. [Refer to the instruction above.]
A) 2.8%
B) 0.0%
C) 3.8%
D) 2.2%
D
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Ceteris paribus, a decrease in the government's budget deficit will increase domestic investment and net foreign investment
Indicate whether the statement is true or false
Refer to the information provided in Figure 13.10 below to answer the question(s) that follow. 
Figure 13.10 Refer to Figure 13.10. If Armstrong Cable were free to sell to any number of subscribers it desires and set any price, it would sell to ________ subscribers at a price of ________.
A. 1,000; $16 B. 2,500; $12 C. 800; $15 D. 2,200; $13