Which of the following is not considered a significant factor contributing to economic growth by economists today?
a. work effort is less intense in the heat of the tropics
b. an increase in the quantity of physical capital
c. increased use of land inputs
d. greater division of labor and specialization
a
Economics
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What causes a production possibilities frontier to shift inward?
What will be an ideal response?
Economics
In the prisoner's dilemma game, each player's dominant strategy leaves her with a larger payoff than she could receive by cooperating with the other player; however, the "prisoner's dilemma" is that as a result of noncooperation she cannot chose
dominant strategy. Indicate whether the statement is true or false
Economics