In the capital-deepening model of economic growth, capital deepening is associated with
a. decreasing labor productivity
b. increasing labor productivity
c. decreasing capital output ratio
d. increasing capital output ratio
e. less capital per worker
B
Economics
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George is offered an investment option by his friend. He asks George for $6,900 and offers to repay him $12,990 after a period of ten years
George considers investing his money in his friend's project; however, the bank in his community offers an annual rate of interest of 9% on every deposit. Which do you think is the better investment option for George?
Economics
Refer to the figure below. If the Federal Reserve wants to raise the interest rate to 7%, it must ________ the money supply to ________. 
A. increase; 700 B. increase; 900 C. increase; 300 D. decrease; 300
Economics