Investments in public infrastructure ________
A) are not subject to diminishing returns
B) are a misallocation of national savings
C) typically decline during periods of rapid economic growth
D) may boost productivity and income
D
Economics
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A decline in the money ________ shifts the LM curve to the ________, causing the interest rate to rise and output to fall, everything else held constant
A) demand; right B) demand; left C) supply; right D) supply; left
Economics
The 1994 book by Murray and Herrnstein, The Bell Curve, was about
a. government debt. b. the intelligence factor. c. capital growth. d. military readiness.
Economics