From the beginning of the 1990s to the year 2000, investment spending as a share of U.S. GDP has tended to

A large farming operation which uses a potent fertilizer is located up river from a trout farmer. If property rights of the river exist and transactions costs are low, the amount of pollution will be ________

A) efficient only if the trout farmer owns the river B) inefficient if the farming operation owns the river C) efficient if either the farming operation or the trout farmer own the river D) always inefficient

The most important advantages of bigness will be found in industries that show increasing returns to scale

a. True b. False Indicate whether the statement is true or false