Which of the following has not contributed to higher standards of living in the long run?
A) the stock of technology
B) investment in physical capital
C) investment in human capital
D) stable monetary policy
E) productivity
Correct Answer:
Verified
Q3: In the long run,the unemployment rate:
A)is zero.
B)is
Q4: In the short run,tight monetary policy can:
A)depreciate
Q5: In the short run,
A)inflation has inertia.
B)the classical
Q6: The Asian and Argentinean crises have led
Q7: As a country devotes more of its
Q9: In the long run,the classical dichotomy holds,
A)money
Q10: Which of the following is not one
Q12: According to the principle of transition dynamics,we
Q13: The credibility of the central bank:
A) promotes
Q32: Standards of living in the long run
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