Countries that enjoy economic growth
A) have property rights and markets which provide incentives for discovering new technologies.
B) place controls on property rights so that firms are protected from competition.
C) restrict international trade so that domestic industries can grow.
D) have economies that allow the government to make decisions in everyone's best interests.
E) place high taxes on saving and investment.
A
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The main distinction between loanable funds and capital equipment is that
a. capital equipment has a measurable productivity, while loanable funds do not b. capital equipment is less divisible and unalterable in the short run c. loanable funds have an associated price (the interest rate), while capital equipment does not d. capital equipment may earn rents in production, while loanable funds do not e. there are no opportunity costs associated with the investment in capital equipment
A decrease in the demand for the product produced by an input will
A. increase the supply of the input. B. decrease the supply of the input. C. have no effect on the input market. D. decrease the demand for the input.