Which of the following factors contribute to economic growth?
a. the construction of new factories
b. an increase in the proportion of the population that is college-educated
c. a decrease in the productivity of labor
d. only (a) and (b).
d
Economics
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A majority of charitable contributions in the United States are usually to ________
A) environmental causes B) religious causes C) basic necessities D) educational purposes
Economics
If a financial institution extends a 25 year loan at a 6 percent interest rate, and then the inflation rate increases suddenly and unexpectedly to 6 percent per year, the institution receives on its loan a real return of
A) minus 12 percent. B) zero percent. C) 6 percent. D) 12 percent. E) 36 percent.
Economics