Across national economies which of the following is the most important source of variation in growth rates?
A) labor growth
B) capital growth
C) productivity growth
D) government regulation
Question 2
Under the Employment Act of 1946, what action did the federal government take for the first time in U.S. history?
(a) Assuming power and responsibility for managing the world economy
(b) Assuming power and responsibility for managing the U.S. economy
(c) Relinquishing all influence for managing the U.S. economy to state governments
(d) Relinquishing all influence for managing the U.S. economy to the private sector