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Author Question: An increase in the stock of capital contributes to economic growth because it increases A) ... (Read 70 times)

bobypop

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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bobypop

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Reply #2 on: Jun 29, 2018
Thank you


okolip

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Reply #3 on: Jun 29, 2018
No problemo


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