Author Question: Queuing is a way to ration goods A) on a first-come, first-serve basis. B) through prices. C) ... (Read 55 times)

james0929 · **on:** Jun 29, 2018

Queuing is a way to ration goods

A) on a first-come, first-serve basis.
B) through prices.
C) through the use of political power.
D) through markets.

Question 2

The reason that differences in economic growth rates are important in the long run is that

A) growth compounds over time.
B) population naturally shrinks in most countries.
C) real GDP usually drops when adjusted for inflation.
D) nominal GDP typically increases faster than real GDP.