Suppose a country experiences an increase in output per worker. Such a development represents which of the following?
A) an increase in labor productivity B) an increase in population growth
C) a reduction in the saving rate D) a decrease in economic growth
A
Economics
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What would be an example of capital good?
A) Jeanette buys a new dress. B) The local driver's license office purchases a new digital camera and printer. C) Antonio, the manager of the local Taco Hut, purchases a new deep fryer. D) Apple sells computers to Japan. E) Rhianna gets a haircut.
Economics
Under the U.S. patent system, a patent application must provide evidence that the invention works and that is based on another invention.
Answer the following statement true (T) or false (F)
Economics