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Question
Which of the following are predicted by the classical growth theory?i. Population growth will end economic growth.
ii. Real GDP per person will return to subsistence level.
iii. Technology drives persistent economic growth.
A) i and ii
B) i, ii and iii
C) i only
D) ii only
E) i and iii
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
Q:
Why does scarcity lead to the what, how, and for whom questions?
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B) the social interest.
C) self-interest.
D) incentives.
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A) What type of health care will be produced and in what quantity?
B) How will health care be produced?
C) For whom will health care be produced?
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E) Must we offer health care?
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When unskilled teens earn less than college graduates, society answers the ________ question.
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Q:
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B) Eric buys a replacement ticket to the basketball game after he realizes that he accidentally left his original ticket at home.
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Q:
Which of the following is a topic studied in macroeconomics?
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Q:
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Q:
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Q:
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Q:
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B) a horizontal or a vertical line.
C) a downward-sloping line.
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