The exclusive rights of ownership that allow the use, transfer, and exchange of property are called

A change in which of the following can change the long-run growth rate of the economy in the Romer model?

A) investments in public infrastructure B) the national saving rate C) the fraction of the population engaged in and the productiveness of research and development D) government spending and tax rates

Prices and wages are considered "sticky" if

A) their rates of increase and decrease are identical. B) as prices increase, wages increase by the same percentage. C) their rates of change are directly connected to the rate of change in unemployment. D) they do not fully adjust to changes in demand and supply.