Author Question: New growth theorists believe that A) wealth creation comes from innovation. B) inventions ... (Read 33 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?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

For a complete list of videos, visit our video library