In recent years, Taiwan has experienced increases in savings and investment. As a result of the higher investment and saving, we expect i. increases in physical capital. ii. increases in the inflation rate. iii. advances in technology
A) i and iii
B) i and ii
C) ii only
D) ii and iii
E) i, ii and iii
A
Economics
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Since 1850, the:
A. supply and demand for productive resources have grown at the same rate. B. supply of productive resources has grown faster than the demand for those resources. C. demand for productive resources has grown faster than the supply of those resources. D. supply of productive resources has increased, while the demand has fallen.
Economics
The Navigation Acts:
a. required certain commodities to be traded within the British empire only. b. provided for the free trade of colonial goods, including tobacco, indigo and sugar. c. required all colonial trade to be carried on English vessels. d. were abolished in 1700. e. both a and c are correct.
Economics