________ choose(s) the quantities of goods and services to produce, while ________ choose(s) the quantities of goods and services to buy

A) Firms; only households
B) Households; the government
C) Households; firms
D) Firms; households and the government
E) The government; firms

D

Economics

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In new growth theory, growth in real GDP per person occurs because

i. human capital grows indefinitely. ii. technology advances as a result of choices individuals make. iii. profit incentives encourage technological change. A) i only B) ii only C) iii only D) both i and iii E) i, ii, and iii

Economics

Railroads fueled the expansion of all markets in the post-bellum period of U.S. history

Indicate whether the statement is true or false

Economics