This topic contains a solution. Click here to go to the answer

Author Question: A key assumption of new growth theory is that A) all technological change is the result of luck. ... (Read 96 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
A key assumption of new growth theory is that
 
  A) all technological change is the result of luck.
  B) higher incomes lead to a higher birth rate.
  C) a successful innovator has the opportunity to earn a temporary, above-average profit.
  D) the population growth rate is lower than the real interest rate.

Question 2

An article in the Financial Times reports on a trend by college students to take a year off after graduation given the lack of success in finding a job. In a survey published last month by TMP Worldwide...
 
  54 per cent of the final-year undergraduate interviewees were thinking about taking a gap year and one in 10 was planning to wait for a year to escape the financial chaos and wait for the economy to either improve or for the picture to become clearer. www.ft.com, 10/13/2008 These choices add to the fluctuations seen in the ________ as workers leave the labor force given their unsuccessful job searches. A) labor force participation rate
  B) employment rate
  C) efficiency wage
  D) inflation rate



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkanara2

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

C

Answer to Question 2

A





 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library