Author Question: An increase in the stock of capital contributes to economic growth because it increases A) ... (Read 39 times)

bobypop

  • Hero Member
  • *****
  • Posts: 539
An increase in the stock of capital contributes to economic growth because it increases
 
  A) federal funds rates.
  B) labor productivity.
  C) tax revenues.
  D) the reserves of the banking system.

Question 2

According to your textbook authors, what explains the dramatic decline in the U.S. poverty rate since the 1960s?
 
  A) The power of labor unions
  B) Steady economic growth
  C) Increases in the minimum wage
  D) The growth of in-kind government transfers
  E) The growth of government welfare assistance paid in money



okolip

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

For a complete list of videos, visit our video library