Because of the choices people make in the pursuit of profit, new growth theory argues that

A) technology growth slows down in the long-run.
B) population growth increases will bring real GDP per person back to subsistence level.
C) the capital stock experiences diminishing returns.
D) the economy can enjoy persisting economic growth.

D

Economics

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Which of the following measures are government regulations to increase competition?

A) Government ends the ban on steel imports. B) Government shortens the term of the patent for a drug. C) Government subsidizes firms to enter energy market. D) All of above.

Economics

Based on this chart, how much value is added by coffee roasting?




a. $.50
b. $.75
c. $1.00
d. $1.25

Economics