Which of the following is NOT a reason why real GDP can be expanded beyond a level consistent with its long-run growth path in modern Keynesian analysis?
A) Higher prices induce firms to hire more workers.
B) The existing capital stock can be used more intensively.
C) Prices and wages are flexible, allowing for needed adjustments.
D) In the short run, existing workers can work more hours.
Question 2
Institutions and laws, such as patent protection, that foster innovations lead to economic growth because they
A) give businesses loans to buy new machinery.
B) give confidence to consumers that the products they buy are safe.
C) allow the government control of the innovations.
D) give confidence to inventors that they will profit from their innovation.
The structure of skin (a) and epidermis (b) at the microscopic level.
Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ...
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Ian Van Dahl - Reason
The tertiary level of protein structure for the respiratory pigment myoglobin
Hearing level comparison amongst workers