According to new growth theory, firms accumulate the efficient level of both physical and knowledge capital

In 2003, China's control of the value of the yuan became an economic and political issue for the U.S. because:

A) increased U.S. exports to China. B) decreased U.S. exports to China. C) increased China imports from the U.S. D) none of the above.

If a community spends more than the amount a categorical grant requires, the effect is _____

a. the same as a general grant b. better than a general grant c. worse than a general grant d. impossible to determine given the available information