Money is assumed to earn
A) no interest at all, being just currency in hand.
B) in checkable deposit form a rate below "the interest rate."
C) in checkable deposit form a rate equal to "the interest rate."
D) in checkable deposit form a rate above "the interest rate."
B
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Esme’s government provides grants to companies to help them pursue research opportunities. It also invests heavily in its own research and development efforts. How has this most likely changed Esme’s country?
a. Labor productivity and growth have been hindered. b. The need for human capital has been reduced. c. Productivity and economic growth have been improved. d. The standard of living has declined.
Which of the following best describes the distinguishing characteristics of business cycles?
What will be an ideal response?