Which theory emphasizes the significance of new discoveries that can be used by many people at the same time?

The shift toward more open, integrated economies that participate in foreign trade and investment is referred to as:

A) protectionism. B) fair trade promotion. C) globalization. D) traditionalism.

If people assume that future rates of inflation will ________, they are said to have adaptive expectations

A) not be related to inflation rates of the past B) follow the pattern of inflation rates in the past C) be higher than inflation rates of the past D) be lower than inflation rates of the past