Author Question: Because of the choices people make in the pursuit of profit, new growth theory argues that A) ... (Read 93 times)

bobbysung · **on:** Jun 29, 2018

Because of the choices people make in the pursuit of profit, new growth theory argues that

A) technology growth slows down in the long-run.
B) population growth increases will bring real GDP per person back to subsistence level.
C) the capital stock experiences diminishing returns.
D) the economy can enjoy persisting economic growth.

Question 2

The figure tells us about the market for red roses. The consumer surplus is ________ a day.

A) 800
B) 200
C) 1,000
D) 20