When a consumer is at the consumer optimum

An economy of 80 million people has ten percent of them engaged in research and development, where their productivity is 0.0035

The economy is on a balanced growth path, when suddenly 2.88 million people move from goods production into R&D, raising the fraction there to 13.6 percent. In the one period that begins with this labor reallocation, the growth rate of output is ________. [Refer to the instruction above.] A) 2.8% B) 0.0% C) 3.8% D) 2.2%

Antitrust legislation prohibits a person from being on the board of directors of more than one firm at any time

Indicate whether the statement is true or false