The following government policies will help achieve faster economic growth EXCEPT
A) establishing and protecting property rights.
B) improving the quality of education.
C) discouraging saving and encouraging spending.
D) encouraging research and development.
E) increasing saving.
C
Economics
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When there is positive inflation,
A) growth in nominal GDP exceeds growth in real GDP. B) growth in real GDP exceeds growth in nominal GDP. C) growth in real GDP and nominal GDP are roughly equal. D) there can never be any growth in nominal GDP.
Economics
Limited liability is a characteristic of
A) partnerships only. B) corporations only. C) partnerships and proprietorships only. D) proprietorships only.
Economics