Overall, what type of economy are we in today?

How are goods and services produced in the global economy?

A. Developing countries use less human capital but just as much physical capital as advanced economies. B. Emerging economies use more capital-intensive technology than do developing economies. C. Human capital in all economies is similar. D. Advanced economies use less capital than developing economies.

If investment changes because of a change in a factor other than the price level, then the

A) economy moves from one point on an AD curve to another point on the same curve. B) AD curve shifts. C) economy moves from one point on a short-run aggregate supply (SRAS) curve to another point on the same curve. D) SRAS curve shifts. E) none of the above