The very poorest LDCs have relatively
A. low rates of economic growth and relatively high rates of population growth.
B. high rates of economic growth and relatively low rates of population growth.
C. low rates of both population growth and economic growth.
D. high rates of both population growth and economic growth.
A. low rates of economic growth and relatively high rates of population growth.
Economics
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Refer to the figure above. If A forms a customs union with C, A's welfare will change by
A) $a + $e B) $a + $b + $c + $d + $e C) $a + $e - $b - $c - $d D) $a + $e - $h - $i - $j
Economics
In the aggregate production function Y = A , real business cycle theory treats ________ as the key independent variable
A) potential output B) productivity C) the capital stock D) the labor input
Economics