The best hope for continued growth of the U.S. economy probably lies in:
a. a return of manufacturing to the U.S.
b. innovation
c. patents
d. decreasing poverty
b
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The discount rate utilized in public sector budgeting performs the functions of:
a. allocating funds between the public and private sectors b. allocating funds between present consumption and investment (i.e., future consumption) c. allocating funds between debt and equity securities d. a and b only e. none of the above
Economists who asset that the AS curve is vertical believe that changes in Real GDP originate only on the _____________of the economy; so government policy that is intended to impact the ____________________ of the economy will change only ______________, not ________________
A) demand side; supply side; Real GDP; prices B) demand side; supply side; prices; Real GDP C) supply side; demand side; Real GDP; prices D) supply side; demand side; prices; Real GDP