Fill in the blank: According to your text, ________ may be the most powerful force behind economic growth
A) minimum wages
B) unionization
C) technical innovation
D) a well-motivated bureaucracy
E) price compression
C
Economics
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Refer to Figure 24-1. Ceteris paribus, a decrease in government spending would be represented by a movement from
A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.
Economics
If a commercial bank borrows from the Federal Reserve, the price it pays is
A) zero, there is no payment. B) the prime rate. C) the federal funds rate. D) the discount rate.
Economics