Which of the following is not a DVC policy likely to increase DVC economic growth?
A. Encouraging direct foreign investment.
B. Opening economics to world trade.
C. Establishing independent central banks.
D. Encouraging emigration of highly skilled workers.
D. Encouraging emigration of highly skilled workers.
Economics
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Labor saving nonneutral technical progress allows a firm to
A) produce more output with the same inputs. B) use less labor and the same amount of other inputs to produce the same level of output. C) use more labor to produce the same level of output. D) use less labor and more of other inputs to produce the same level of output.
Economics
When a total output curve is falling, its corresponding marginal product curve is:
a. vertical. b. horizontal. c. rising. d. falling.
Economics