Labor growth depends mainly on ________ and labor productivity growth depends mainly on ________
A) population growth; increases in real GDP
B) population growth; technological advances
C) growth in real GDP per person; growth rate of capital
D) growth in real GDP per person; technological advances
B
Economics
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When the CPI rises ________, the inflation rate is ________
A) rapidly; low B) rapidly; high C) steadily; zero D) slowly; high E) rapidly; either high, low, or zero depending on whether production of output is increasing, decreasing, or not changing.
Economics
An oligopoly firm with a differentiated product will generally earn the largest profits without advertising
a. True b. False Indicate whether the statement is true or false
Economics