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Author Question: Ultimately, productivity growth is the major determinant of a country's standard of living a. True ... (Read 83 times)

rlane42

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on: Jun 30, 2018
Ultimately, productivity growth is the major determinant of a country's standard of living
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Goods are scarce when:
 a. their price is too low.
  b. their price is too high.
  c. the amount people want is more than the amount available at a zero price.
  d. people want less of something as compared to what is available.
  e. their prices are controlled.


lorealeza

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  • Posts: 345
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


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