The vicious cycle of poverty is characterized by
a. low factor mobility
b. little institutional rigidity
c. high capital accumulation
d. continual technological change
e. all of the above
A
Economics
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The higher the opportunity cost of borrowing, the higher the amount of investment, other things constant
a. True b. False Indicate whether the statement is true or false
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The law of increasing costs states that the opportunity cost of producing a good increases as more of the good is produced
Indicate whether the statement is true or false
Economics