When a country continually adds more capital to its existing stock productivity will:
A. decrease at a decreasing rate.
B. decrease at an increasing rate.
C. increase at an increasing rate.
D. increase at a decreasing rate.
Answer: D
Economics
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If net taxes fall by $80 billion, we would expect
A) the government deficit to fall by $80 billion. B) household saving to rise by $80 billion. C) household saving to fall by more than $80 billion. D) household saving to rise by less than $80 billion.
Economics
What is the term that explains why voters often lack knowledge of pending legislation, and lack knowledge of the views of candidates for office on a range of issues that affect their own (the voters') welfare?
A) rational ignorance B) regulatory capture C) the voting paradox D) logrolling
Economics