Capital deepening is the only mechanism by which economies can grow

Indicate whether the statement is true or false

FALSE

Economics

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Most economists agree that valid reasons for protecting trade include which of the following? I. The economies of scale argument II. The saving jobs argument III. The protection of high wages argument

A) I only B) I and II C) I and III D) None of the reasons are valid.

Economics

Which of the following is true under monopolistic competition in the long run?

A. P = MC. B. P = MR. C. Profits are always zero. D. All of the choices are true in monopolistic competition.

Economics