Proponents of the new growth theory argue that which of the following is a determinant of economic growth?
A) An effective system of patent protection
B) The quality and size of the nation's educational system
C) The proportion of income that goes into research and development
D) All of the above
D
Economics
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Income is distributed ________ equally than wealth and the Lorenz curve for ________ lies closer to the line of equality
A) more; income B) more; wealth C) less; income D) less; wealth
Economics
Each of the following would cause an increase in the supply of baseballs EXCEPT
A) an improvement in technology. B) a decrease in the cost of labor used to produce baseballs. C) an expectation that the price of baseballs will rise in the future. D) an increase in the number of baseball producers.
Economics