Comparing a set of feasible alternatives and picking the best one is an optimization process called? _________.

Refer to Table 9-12. If the actual terms of trade are 1 belt for 1.5 swords and 50 belts are traded, how many swords will Morocco consume?

A) 60 B) 75 C) 135 D) 200

The new growth theory attempts to explain

a. the rate of population growth within a country. b. the rate of capital accumulation within a country. c. the factors that determine the size of the Solow residual. d. why there are diminishing returns to capital.