Author Question: Which one of the following does NOT appear to contribute to economic growth? A) knowledge B) a ... (Read 139 times)

HCHenry · **on:** Jun 30, 2018

Which one of the following does NOT appear to contribute to economic growth?

A) knowledge B) a system of well-defined property rights
C) protectionism D) innovation

Question 2

Keynes and his followers believed that

A) the economy could not operate at any level of real Gross Domestic Product (GDP) less than full capacity.
B) capitalism was one economic system that guaranteed full employment.
C) wages and prices in the short run were flexible.
D) there was no guarantee that a capitalist economy would reach a full employment equilibrium.