Neoclassical growth theory is based on the proposition that real GDP per person grows when
A) the population growth rate increases.
B) the population growth rate decreases.
C) technological advances occur.
D) saving decreases.
C
Economics
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Refer to the scenario above. What is the future value of Wendy's deposit after one year?
A) $2,110 B) $2,120 C) $2,360 D) $2,400
Economics
An economist would say the price is too high for a certain service if
a. poor people couldn't afford to buy it. b. nobody could afford to buy it. c. the price was above marginal cost. d. it is an essential service and consumes a significant share of income.
Economics