Average productivity will fall as long as

A) marginal productivity is falling.
B) it exceeds marginal productivity.
C) it is less than marginal productivity.
D) the number of workers is increasing.

B

Economics

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The process in which economic growth destabilizes existing regimes and reduces the political power of rulers and monarchs is referred to as:

A) institutional destruction. B) polarization. C) division of powers. D) political creative destruction.

Economics

Nominal GDP uses current year prices to measure GDP

Indicate whether the statement is true or false

Economics