Assuming price elasticity of demand is reported as an absolute value, a good with unit elastic demand has an elasticity:

The table above gives data for the nation of Mosh. The MPC of the economy is

A) .75. B) 1. C) .90. D) .80. E) indeterminate with the information provided.

The new endogenous growth theory concludes that sustained economic growth in a country comes from the interaction of labor, investments in physical and human capital, and what is perhaps the key ingredient:

A) natural resources. B) the production of ideas. C) post-secondary education within that country. D) immigration into that country.