Which of the following variables is used to determine a country's economic growth?
i. real GDP
ii. wages
iii. inflation
A) ii and iii B) i, ii and iii C) i and ii only D) i only E) i and iii
D
Economics
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The production of smoke as a pollutant is a failure of the market system
a. True b. False Indicate whether the statement is true or false
Economics
Firm ABC designs and implements a lower-cost method of producing its product. This is an example of:
A. product innovation. B. the inverted U-theory. C. economies of scale. D. process innovation.
Economics