New growth theory asserts that ________ will lead us to greater productivity and economic growth
A) nothing
B) new machinery
C) leisure time
D) unlimited wants
E) government regulation
D
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Which one of the following statements is true?
a. Cost-benefit analysis can give an accurate measure of all costs and benefits b. Cost-effectiveness analysis is always preferred to cost-benefit analysis c. Some costs and benefits will not be quantifiable in many cost-benefit analyses d. Policymakers should never use cost-benefit analysis due to its analytical weaknesses e. Cost-effectiveness analysis relies on economic techniques to determine policy objectives Feedback
Newland's net exports for a certain year equal -$2.2 billion, net factor payments from abroad equal $1.3 billion, and net transfers from abroad equal $0.5 billion. What will be the balance in Newland's financial account for the year?
What will be an ideal response?