Which of the following would encourage economic growth through increases in the capital stock?
A) an increase in household saving
B) a decrease in the government deficit
C) a change from an income tax to a consumption tax
D) all of the above
D
Economics
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Refer to Figure 1A.1. The slope of the line between the points where hours worked per week are 20 and hours worked per week are 30 is
A) 0.2. B) 5. C) 10. D) 50.
Economics
The United States has a comparative advantage in producing airplanes if
A) it can produce them at a lower opportunity cost than can other nations. B) it can produce them at a lower dollar cost than can other nations. C) it can produce a larger quantity than can other nations. D) it has a larger quantity of skilled workers than do other nations.
Economics