Author Question: Which of the following is most critical for the maintenance of an efficient and productive economy? ... (Read 43 times)

renzo156 · **on:** Jun 30, 2018

Which of the following is most critical for the maintenance of an efficient and productive economy?
a. Money backed by gold or silver
b. Steadily rising prices
c. An unlimited and unregulated supply of money
d. A properly functioning monetary system
e. A well-organized barter system

Question 2

According to Simon Kuznets, which of the following is likely to induce economic growth in the automobile industry of a country?
a. An increase in the amount of labor used in the industry
b. A government subsidy for automobile production
c. An increase in the import of spare parts for the engines
d. An increase in the number of paint bays per factory
e. The replacement of manual assembly lines with robots