Technological change is more important to long-run economic growth than changes in capital. The easiest way for firms to gain access to new technology is through

The demand for money that households keep for emergency purposes is known as the:

a. precautionary demand. b. emergency demand. c. speculative demand. d. transactions demand. e. temporary demand.

The highest and most prolonged period of unemployment in the United States over the last 125 years occurred during

A. World War II. B. the 1990-1991 recession. C. the Great Depression of the 1930s. D. the 1890s Depression.