Economic growth means people produce
A) money.
B) material things.
C) whatever people value.
D) only durable and high-quality goods.
C
Economics
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When output rises, unemployment
a) remains unchanged. b) falls. c) rises by a small amount. d) rises by a large amount.
Economics
Which of the following firms is most likely to spend on innovation?
A) A perfectly competitive firm B) A monopoly with absolutely no competition C) A firm that is the only controller of a key resource necessary for production D) A firm that enjoys some monopolistic power, but faces strong competition from its rivals
Economics