A key factor that leads to economic growth is

A) human capital accumulation.
B) increasing current consumption.
C) avoiding the opportunity cost of investment.
D) Both answers A and B are correct.

A

Economics

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Use the above table. Assuming constant opportunity costs, the opportunity cost of producing donuts in country Alpha is ________, and the opportunity cost of producing donuts in country Beta is ________

A) 1 donut; 0.17 donut B) 1 donut; 6 donuts C) 10 donuts; 12 pizzas D) 0.2 pizza; 1.67 donuts

Economics

If workers and firms forecast inflation accurately,

A. the aggregate supply curve will be vertical. B. the real wage will not decline as the price level rises. C. workers will not lose from inflation, and firms will not gain. D. All of these responses are correct.

Economics