The new growth theory examines the role of

A) technology in economic growth.
B) natural resources in economic growth.
C) exports in economic growth.
D) government in economic growth.

A

Economics

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Suppose there is only one firm producing steel, one producing fiberglass, and one producing concrete. If steel and concrete are considered substitute goods in construction, while steel and fiberglass are considered substitute goods in auto production, there is no monopoly in the

a. steel market b. fiberglass market c. concrete market d. construction market e. boat market

Economics

Which of the following is the best example of a consumption good?

a. mp3 player b. farm c. factory d. bulldozer

Economics