Dating the start of falling labor productivity growth in 1973 is very suggestive of this explanation for it: ________ energy prices and ________ use of energy per worker

International data suggests that

a. convergence is not taking place. b. convergence is taking place among poor countries but not among rich countries. c. convergence is taking place among all countries. d. convergence is taking place among rich countries but not among poor countries.

A situation in where the costs of an action are NOT fully borne by the two parties engaged in exchange is

A) an externality. B) an internality. C) internal costs. D) a transactions cost.