Even though government-operated firms do not have to make a profit, they usually operate efficiently

In the long run, potential growth in the economy and a rise in real GDP per capita might occur from all of the following except _____.

(A) An increase in savings. (B) An achievement in technological progress. (C) An increase in government spending on public goods. (D) Growth in population.

According to the efficient markets hypothesis, the current price of a financial security

A) is the discounted net present value of future interest payments. B) is determined by the lowest successful bidder. C) fully reflects all available relevant information. D) is a result of none of the above.