The demand for Rice Krispies is more elastic than the demand for cereal in general

Name at least four institutional structures that promote and sustain modern economic growth. What other factors also influence a nation’s capacity for economic growth?

Please provide the best answer for the statement.

Answer the following questions true (T) or false (F)

1. If groundwater resources are regulated by the "rule of capture," whoever can pump up the water can take as much as they desire. This approach leads to an economically inefficient use of groundwater. 2. The rationale for the government intervening in the U.S. farm sector includes supporting/protecting an infant industry. 3. The farm sector is one of the most highly capitalized sectors per worker in the U.S. economy.