We expect the marginal utility curve to be downward sloping

Indicate whether the statement is true or false

T

Economics

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New growth theorists conclude that

A) invention is more important than innovation in spurring economic growth. B) economic growth can continue as long as we keep coming up with new ideas. C) rates of global economic growth are limited by the amount of raw materials available. D) the amount of technological innovation in an economy is independent of the rewards offered for innovation.

Economics

The data in the table above are the U.S. balance of payments. What is the capital and financial account balance?

A) $0 B) $150 billion C) -$350 billion D) -$150 billion

Economics