Which of the following is infrastructure?
a. IBM computer plant. b. Training and education.
c. Services of doctors. d. None of these.
d
Economics
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In the New Keynesian model,
A) money is neutral. B) money is fixed. C) monetary policy has a real impact. D) prices are countercyclical.
Economics
When the Social Security program was in its infancy in 1940, the ratio of workers to retirees was more than 150 to 1. Currently, the ratio of workers to retirees is
A) more than 300 to 1. B) 50 to 1. C) less than 3 to 1. D) an even 1 to 1.
Economics