The observation that countries with high rates of population growth don't have higher per capita income ________
A) suggests that the Solow model is unrealistic
B) implies that technology doesn't work as well in countries where the population is growing rapidly
C) is not supported by most empirical studies
D) is consistent with the Romer model as applied to the world as a whole
D
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The Federal Reserve Banking Act of 1978
a. attempted to guarantee stability of the banking system b. was a reaction to the savings and loan crisis c. added full employment to the list of objectives for the Fed d. strengthened deposit insurance programs e. pledged the Fed to keep the inflation rate low
A firm cannot price discriminate if it
a. has perfect information about consumer demand. b. operates in a competitive market. c. faces a downward-sloping demand curve. d. is regulated by the government.