The natural rate of interest is the rate
A) which equates saving and investment under any employment condition.
B) which equates saving and investment with acceptable, but low, unemployment.
C) which equates saving and investment at an unemployment rate of 5 percent or less.
D) which equates saving and investment at full employment.
D
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Which of the following statements about the social welfare function is not true?
a. It can be thought of as a set of indifference curves that depict the wealth of the entire society. b. It does not employ interpersonal utility comparisons. c. It is one possible method for evaluating the public interest/ d. It allows for the rankings of possible outcomes.
Explain why China and India are considered disruptive to the world's status quo
What will be an ideal response?