You are an economic advisor to the president. You are asked to recommend a policy to promote long-term economic growth in the economy. Which of the following policies would you choose?

A) a reduction in sales taxes B) a reduction in taxes on luxury yachts
C) an investment tax credit D) all of the above

C

Economics

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Bill just graduated with his degree in economics. Through Career Services he submitted his resume to several companies and he will visit them during the next two weeks. Bill is considered

A) not in the labor force. B) frictionally unemployed. C) structurally unemployed. D) cyclically unemployed. E) employed because he is visiting firms.

Economics

Suppose the production function for T-shirts can be represented as q = L0.25K0.75. Show that the production function has constant returns to scale

What will be an ideal response?

Economics