The rate of economic growth will be faster if
A) the rate of growth of the population is higher.
B) consumption spending is greater.
C) the rate of saving is higher.
D) the rate of growth of the money supply is higher.
C
Economics
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If AC > p where MR = MC
A) firms earn positive profits and new firms will enter. B) firms earn negative profits and existing firms will leave. C) firms earn zero profits and new firms will not enter and no existing firms will leave. D) None of the above.
Economics
A U.S. grocery store chain bought $800,000 worth of Kenyan currency from a bank in Kenya. It then used these funds to buy $800,000 worth of coffee from Kenyan coffee growers. As a result of this exchange, by how much and in which direction did: A. U.S. net exports change? B. U.S. net capital outflow change?
Economics