Multiple Choice
An increase in TFP
A) steepens the aggregate supply curve
B) shifts the aggregate supply curve upward
C) shifts the production function upward
D) increases the rate of depreciation
E) cannot occur once a steady state has been achieved
Correct Answer:
Verified
Correct Answer:
Verified
Q3: In which respect is human capital unlike
Q4: Developed economies need to engage in research
Q5: The next questions refer to the following.<br>Suppose
Q6: Rent-seeking differs from entrepreneurship in that rent-seeking<br>A)
Q7: Cultural and social forces,such as religious prohibitions
Q9: The historically slow development of the Chinese
Q10: Which of the following is not a
Q11: The next questions refer to the following.<br>Suppose
Q12: In the long run,by increasing total factor
Q13: Social capital includes<br>A) rent seeking<br>B) corruption<br>C) public