A nation's infrastructure refers to:

A. its ability to realize economies of scale.
B. its stock of technological knowledge.
C. public capital goods such as highways and sanitation systems.
D. the productivity of its labor force.

C. public capital goods such as highways and sanitation systems.

Economics

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In the figure above, with the rent ceiling ________ units of housing are available, and black market rents might be as high as ________ a month

A) 3,000; $625 B) 6,000; $400 C) 3,000; $550 D) 4,000; $550 E) 4,000; $625

Economics

The neoclassical model predicts that nations that are initially poor should have

A) slower growth rates than nations that are rich. B) faster growth rates than nations that are rich. C) growth rates equal to those of nations that are rich. D) negative growth rates.

Economics