Long Term Economic Growth Mcqs


Q.  Identify below what does NOT affect productivity ?

a. Public investment in education
b. Innovation and the application of new technology
c. The phase of the lunar cycle
d. Private investment in new physical caital


ANSWER: See Answer
 
No explanation is available for this question!
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MCQs:  Suppose the economy is initially in long run equilibrium Then suppose there is a drought that destroys much of the wheat crop if policymakers allow the economy to adjust to long-run equilibrium on its own, according to the model to aggregate demand and aggregate supply what happens to prices and output in the long run ?
Category: Economics Mcqs,   Published by: teswesm
MCQs:  Suppose the economy is initially in long-run equilibrium Then suppose there is an increase in military spending due to rising international tensions According to the model of aggregate demand and aggregate supply what happens to prices and output in the long run ?
Category: Economics Mcqs,   Published by: teswesm
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