The shape of the productivity curve reflects the
A) effects of capital accumulation.
B) effects of technological progress.
C) change in labor productivity as human capital increases.
D) law of diminishing marginal returns.
E) effects of population growth.
D
Economics
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Devaluation of a currency is
a. reduction in its domestic value due to inflation b. reduction in its international value due to changes in supply and demand c. reduction in its international value due to government decree d. reduction in the value of other currencies e. all of the above
Economics
Protectionism is the use of ________ to protect domestic firms from foreign competition
A) military force B) trade barriers C) cheap labor D) dumping
Economics