Ongoing economic growth in real GDP per person requires all of the following EXCEPT ________
A) investment in human capital
B) the discovery of new technologies
C) saving and investment in new capital
D) population growth
D
Economics
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In the basic closed-economy ISLM model, the money demand is a function of
A) output. B) money supply. C) interest rates. D) both A and C.
Economics
There are many different models of oligopoly because:
A. firms do not maximize profits in oligopolistic competition. B. beliefs play an important role in oligopolistic competition. C. oligopoly is the most complicated type of market structure. D. beliefs play an important role in oligopolistic competition and oligopoly is the most complicated type of market structure.
Economics