Suppose y = Ak1/3, the capital-labor ratio is $30,000 per worker, the level of total factor productivity is 400, 50% of the population works, and there are 50 million workers. Real GDP per capita is

Which of the following are the three laws that define the U.S government's approach to antitrust?

a. The Wilmington, Jackson, and International Trade Commission Acts b. The Springfield, Clayton, and Trade Commission Acts c. The Sherman, Clayton, and Federal Trade Commission Acts d. The Sherman, Jackson, and Regional Trade Commission Acts e. The Jackson, Charleston and Sherman Monopoly Restrictive Trade Acts

Which of the following programs is most clearly advantageous to those with lower levels of income?

a. farm subsidy programs b. the Social Security retirement program c. the Earned Income Tax Credit d. credit subsidies provided by the Import-Export bank to business firms that sell goods abroad