The productivity growth rates of richer countries tend to be ____ than those of poorer countries.

Businesses typically issue bonds to finance

A) their inventories. B) payments to their workers. C) spending on new plant and equipment. D) dividend payments to their stockholders.

Which actor in the simplified circular flow model buys or rents land, labor, and capital?

A. Government B. Markets for factors of production C. Households D. Firms