According to official U.S. statistics, the U.S. poverty rate has been approximately ________ percent for the last 40 years.

In monopolistic competition, free entry and free exit mean that in the long run firms in the industry make zero economic profit

Indicate whether the statement is true or false

For this question assume that technological progress does not occur. The rate of saving in Canada has generally been greater than the saving rate in the U.S. Given this information, we know that in the long run

A) Canada's growth rate will be greater than the U.S. growth rate. B) investment per worker in Canada will be no different than U.S. investment per worker. C) capital per worker in Canada will be no different than U.S. capital per worker. D) all of the above E) none of the above