One reason that a poor nation remains poor over time is that even though total national real GDP grows,
a. c and e.
b. c, d, and e.
c. it is too small to begin with.
d. the growth rate is smaller than the growth rate of industrialized nations.
e. it does not grow faster than population.
e
Economics
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If marginal net utility is positive, the consumer must be buying too small a quantity to maximize total net utility. Why?
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Answer the following statement true (T) or false (F)
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