Based on recent research, which of the following is the most likely cause of the reduction in the rate of technological progress?
A) measurement error
B) the increase in the size of the service sector
C) a reduction in R&D spending
D) a reduction in the fertility of research
E) all of the above
D
Economics
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All of the following factors are held constant when price changes on a demand curve except:
A) income. B) quantity demanded. C) population. D) tastes and preferences.
Economics
When a country's real exchange rate appreciates,
A) its nominal exchange rate must also have appreciated. B) its nominal exchange rate must have depreciated. C) it can trade its goods for fewer units of foreign goods. D) it can trade its goods for more units of foreign goods.
Economics