Sustained economic growth occurs when workers' productivity rises.
Correct Answer:
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Q19: Human capital consists of computers, tools and
Q20: Marginal cost is the additional cost incurred
Q21: Unemployment can be caused by downswings in
Q22: It is difficult to make the concept
Q23: Small, developing countries must first become self-sufficient
Q25: Scarce goods are:
A)desirable and unlimited in amount.
B)undesirable
Q26: Scarcity applies to:
A)only the poor.
B)the value of
Q27: Inflation is an increase in the overall
Q28: Scarcity:
A)is only a problem in communist countries.
B)is
Q29: Which of the following is false?
A)A resource
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