Assume that an economy experiences both positive population growth and technological progress. Once the economy has achieved balanced growth, we know that growth rate of K/NA is

Under the Clayton Act,

a. the same person cannot sit on the boards of directors of competing corporations. b. mergers are illegal. c. monopoly is illegal. d. the Sherman Antitrust Act was repealed.

Unproductive actions designed to increase income or wealth are known as:

a. transfer payments. b. incorporation. c. profit seeking. d. income search. e. rent seeking.