In contrast to the earlier neoclassical models of economic growth, in endogenous growth models, there is more emphasis on
a. human capital.
b. externalities.
c. increasing returns to scale.
d. all of the above.
D
Economics
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Refer to the above table. How many workers will this firm hire if the weekly wage rate is $900?
A) 26 B) 27 C) 28 D) 29
Economics
A decrease in aggregate demand and the subsequent cutbacks in production lead to:
a. frictional unemployment. b. cyclical unemployment. c. cost-push unemployment. d. structural unemployment. e. transitory unemployment.
Economics