Increasing productivity in a society
a. always results in a better quality of life as society views it.
b. can never make a nation poorer.
c. guarantees that personal services will cost less.
d. makes improved personal services available to everyone.
b
Economics
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New Keynesian economists believe that
a. movements in unemployment can be explained by voluntary movements in and out of the labor market.. b. everyone who is not working is involuntary unemployed. c. labor markets clear in the long-run. d. the new classical model has merit, but recessions cannot be adequately explained in a model of with perfectly flexible prices and wages.
Economics
Low interest rates will persuade corporations to invest more right now.
Answer the following statement true (T) or false (F)
Economics