Economic growth, as measured by increases in real GDP per-capita, exceeded 2% during the
A. 1980s, 1990s, 2000s, and 2010s.
B. 1960s, 1970s, and 1980s.
C. 2000s and 2010s.
D. 1950s, 1960s, 1970s, and 1980s.
Answer: B
Economics
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Which of the following is true about a lump-sum tariff?
A. Domestic firms' average cost curves are shifted up by the amount of the lump-sum tariff. B. Foreign firms' marginal cost curves are shifted up by the amount of the lump-sum tariff. C. Domestic firms' marginal cost curves are shifted up by the amount of the lump-sum tariff. D. Foreign firms' average cost curves are shifted up by the amount of the lump-sum tariff.
Economics
New growth theory differs from traditional growth theory in that
What will be an ideal response?
Economics