Which of the following do not contribute to long-term economic growth?
a. substantial increases in the money supply
b. increased productivity
c. savings and investment
d. new production technologies
a
Economics
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If a tax is placed on suppliers of a good, then the incidence of the tax
A) falls more on the sellers if demand is elastic. B) falls more on the sellers if demand is inelastic. C) is usually split equally between the buyers and the sellers. D) usually falls more on the sellers than the buyers. E) usually falls more on the buyers than the sellers.
Economics
An individual bank can lend out at most its
a. actual reserves b. fractional reserves c. legal reserves d. demand deposits e. excess reserves
Economics