Which of the following strategies does your text suggest would allow a poorer nation to "catch up" to richer nations?
A) Unionization
B) Higher minimum wages
C) Lower interest rates
D) Adoption of advanced technology
E) Minimizing imports and maximizing exports
D
Economics
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What are some of the problems with using the leading indicators to forecast recessions? If you were a policymaker, would you rely on them?
What will be an ideal response?
Economics
As the quantity of labor increases, the marginal product of labor
A) is constant. B) increases. C) decreases. D) may either increase or decrease.
Economics