The difference in economic growth in North Korea and South Korea can be primarily attributed to differences in ________
A) the proximate causes of prosperity B) geography
C) culture D) institutions
D
Economics
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What is the difference between wage differentials caused by differences in human capital and compensating wage differentials?
What will be an ideal response?
Economics
Refer to Figure 26-14. In the figure above, suppose the economy in Year 1 is at point A and is expected in Year 2 to be at point B. Which of the following policies could the Federal Reserve use to move the economy to point C?
A) sell Treasury bills B) decrease income taxes C) buy Treasury bills D) increase the required-reserve ratio
Economics