According to economist Benjamin Friedman, sustained economic growth can make people more willing to work toward improving the environment and reducing poverty
Indicate whether the statement is true or false
True
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New Phone ShorTech, is a smaller company that makes of knockoff consumer electronic devices including its Quadrant mobile phone. Sales had been doing okay for a number of months before ShorTech launched a massive advertising campaign in which it shows
that its phone can do just about everything the industry leader phone can do. What change in pricing would you suggest for the Quadrant phone concurrent with the campaign?
Crime currently affects the measurement of GDP such that
a. expenditures on police protection and detention centers contribute to GDP. b. the loss to victims due to crime is subtracted from GDP. c. crime is completely ignored because it does not express the economic well-being indicated by GDP. d. expenditures on police protection and detention centers are subtracted from GDP.