Which of the following lists is included in what economists call "money"?
a. cash
b. cash and stocks and bonds
c. cash and stocks and bonds and real estate
d. cash and stocks and bonds and real estate and all other assets
a
Economics
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A small change in the rate of productivity growth will have: a. a small impact on output in both the short run and the long run
b. a large impact on output in both the short run and the long run. c. a small impact on output in the short run but a large impact in the long run. d. a large impact on output in the short run but a small impact in the long run. e. no effect on output at all.
Economics
Over the last century, U.S. labor productivity has: a. fallen
b. been constant, on average. c. grown at about 2 percent per year. d. grown at about 8 percent per year. e. grown at about 15 percent per year.
Economics