The key to a country's economic growth is combining _______ with _______.
A. human capital; physical capital
B. legal institutions; cultural institutions
C. ideas; good institutions
D. human and physical capital; ideas and good institutions
Ans: D. human and physical capital; ideas and good institutions
Economics
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Demand relates the amounts of a good purchased to
A) the amounts actually obtained. B) the gross domestic product. C) the quantity needed. D) the sacrifices required to obtain the good. E) the time required to produce the good.
Economics
According to Fishlow's (1972) work, the U.S. railroads before the Civil War were typically built "ahead of demand" by private capital
Indicate whether the statement is true or false
Economics