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Chris M.
Chris M., M.S.W. Social Work
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5. According to Keynes, in order to get the economy out of

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5. According to Keynes, in order to get the economy out of a recession, the government should (Points: 1) plan for a budget deficit encourage firms to export to other nations, thereby jump-starting the economy follow an expansionary monetary policy follow a contractionary monetary policy 6. The difference between human capital and physical capital is that (Points: 1) human capital is used by humans whereas physical capital is not only human capital increases labor productivity human capital is not physical; an example of human capital is education physical capital requires investment, whereas human capital does not 7. An improvement in the quality of capital would (Points: 1) rotate the per-worker production function upward make the per-worker production function flatter shift the per-worker production function downward rotate the per-worker production function downward 8. The rules of the game refer to (Points: 1) any factor that facilitates production and exchange a gradual but consistent change in the price level until a fair price is attained the set of election laws that ensure that all votes are counted in every election the requirements place on firms earning a profit 9. Which of the following best describes the impact of technological change on labor? (Points: 1) It causes unemployment in the short run and lower incomes in the long run It causes unemployment in the short run and higher incomes in the long run. It causes unemployment in the long run and higher incomes in the short run. It causes unemployment in the long run and lower incomes in the short run. 10. An increase in the amount of capital per worker is called (Points: 1) capital deepening marginal capital per-worker production function human capital
Submitted: 6 years ago.
Category: Homework
Expert:  Chris M. replied 6 years ago.
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