In order to enjoy a rising standard of living standard, a nation's capital stock must grow faster than
a. the rate of depreciation
b. the rate of inflation
c. its population
d. its financial assets
e. its overall rate of economic growth
C
Economics
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Refer to Scenario 3. The marginal cost of producing the sixth unit of output is:
A) $33.33 (approximate). B) $55. C) $200. D) $250.
Economics
Past centuries witnessed two important stock price bubbles. The first one occurred between ________, and the second one occurred between ________
A) 1927-29; 2006-08 B) 1973-76; 2006-08 C) 1965-73; 1996-2000 D) 1927-29; 1996-2000
Economics