Plowback refers to the profits management decides to keep and reinvest in the firm's operations

Rent seeking is the act of obtaining special treatment by ________ to create ________

A) a monopoly; consumer surplus B) the government; economic profit C) consumers; a monopoly D) the government; consumer surplus E) competitive producers; a monopoly

The concept that economic growth can do more than just give us more goods and services goes back to Adam Smith

Indicate whether the statement is true or false