Which of the following statements is FALSE?
A) Saving helps create economic growth.
B) Improvements in quality of education are important for economic growth.
C) Free international trade helps create economic growth.
D) Faster population growth is the key to growth in real GDP per person.
E) Economic freedom requires property rights.
D
Economics
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Refer to the above table. At a price below $5, the absolute price elasticity of demand is
A) 1.0. B) below 1. C) between 0.8 and 1.0. D) greater than 1.
Economics
With crises caused by macroeconomic imbalances,
A) it is usually difficult to avoid a recession. B) austerity programs are not needed. C) expansionary policies can be used to correct the crisis. D) the money supply should be increased.
Economics