Regarding the role of saving in economic growth, studies indicate that
A. there is a negative relationship between economic growth and saving.
B. there is both a positive and a negative relationship between economic growth and saving.
C. there is a positive relationship between economic growth and saving.
D. there is no relationship between economic growth and saving.
Answer: C
Economics
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The unemployment rate is calculated as
A) [(labor force) ÷ (population)] × 100. B) [(unemployment) ÷ (population)] × 100. C) [(unemployment) ÷ (labor force)] × 100. D) [(labor force) ÷ (unemployment)] × 100.
Economics
The existence of economies of scale can create ________
A) a natural monopoly B) a government monopoly C) a legal monopoly D) a market in which many firms make identical products
Economics