If the money price of a resource such as oil falls, then the

Suppose that the government passes a law requiring households to increase savings 10% above previous levels. According to Solow's growth theory, in the long run

A) output per capita grows more rapidly. B) output per capita grows at the constant steady state rate, n. C) output per capita stays constant. D) None of the above.

When the current U.S. income tax system was instituted in 1913, the rate on the highest tax bracket was _____

a. 28 percent b. 1 percent c. 15 percent d. 7 percent