Author Question: New growth theorists believe that A) wealth creation comes from innovation. B) inventions ... (Read 52 times)

bb

  • Hero Member
  • *****
  • Posts: 544
New growth theorists believe that
 
  A) wealth creation comes from innovation.
  B) inventions spread very rapidly, thereby curtailing the need for more innovations.
  C) wealth creation comes from saving.
  D) wealth creation is due to capital spending and not research and development spending since much research and development spending fails to produce an invention.

Question 2

According to the classical model, prices and wages
 
  A) must be set by government.
  B) move upward easily, but are sticky downward.
  C) are flexible.
  D) move downward easily, but are sticky upward.



bpool94

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library