Which of the following would be most likely to improve the standard of living of the residents of a less-developed country?
a. The development of strong labor unions.
b. A sharp increase in the legal minimum wage.
c. An increase in expenditures on education and capital investment.
d. Rapid growth rate of the money supply.
c
Economics
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Strategies and incentives:
A. work the same whether games are played once or repeated. B. often work quite differently when games are repeated. C. do not change when the game is repeated. D. None of these statements is true.
Economics
The primary criterion used to analyze the desirability of outcomes in Economics is
a. sustainability b. equity. c. predictability. d. efficiency.
Economics