Economists say that long-run economic growth is almost entirely due to:

A. rising productivity.
B. population growth.
C. a democratically elected government.
D. a balanced budget.

Ans: A. rising productivity.

Economics

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The owner of a local restaurant comes to you for help. He needs to know whether or not he should increase the price of the meals he serves. To answer his question, what information would you like to know?

What will be an ideal response?

Economics

Generally speaking, exchange rates are determined by

A) supply and demand. B) the International Monetary Fund. C) interest rates. D) differences in money growth rates.

Economics