If our economy is growing at a constant rate of 2 percent per year, then over a period of 20 years we would expect to see which of the following?
A. an upward sloping growth path
B. nice, steady flat-line growth
C. a downward sloping growth path
D. It is impossible to say what kind of growth path we would see.
Answer: A
Economics
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If the Costa Rican colone is expected to depreciate in the future, it will temporarily appreciate as people move to take advantage based on this expectation
Indicate whether the statement is true or false
Economics
Refer to the figure above. The deadweight cost of the tariff equals
A) $10,000. B) $25,000. C) $50,000. D) cannot be calculated without further information.
Economics