Long Term Economic Growth

A. People want less crime
B. People want to be happier
C. People want a better environment
D. People want higher incomes and more consumer goods.

A. An increase in the quantity of labor and capital
B. An increase in labor productivity
C. An increase in the money supply
D. An increase in technology

A. gets the highest rate of interest
B. maximizes the level of long-run investment
C. maximizes the level of long-run consumption
D. maximizes human capital

A. workers
B. non-slackers
C. diligent rate
D. participation rate

A. building more retail outlets
B. encouraging risk-taking
C. encouraging innovation
D. encouraging R & D

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

A. Increasing government expenditure
B. reducing taxation
C. increasing the money supply
D. encouraging technological progress

A. increasing the use of labor increasing the use of land
B. increasing the use of capital increasing the use of labour
C. increasing the use of land increasing the use of capital
D. increasing the use of all inputs, technical advances

A. a higher growth rates
B. a fluctuating growth rate
C. a fluctuating growth rates
D. no change in the growth rate

A. Population size, x-efficiency
B. Population age distribution, education
C. Population growth technical progress
D. Population growth education