Which of the following is a true statement? multiple choice economists who support economic growth say that it is the most practical route to the higher standards of living that the vast majority of people desire. most economists believe that the recent rise in the average rate of productivity growth implies an end to the business cycle. most economists believe that increases in real gdp actually produce decreases in overall economic well-being because of spillover costs. mainstream economists disagree as to whether the rate of productivity growth was higher between 1995 and 2010 or between 1973 and 1995.

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency, government intervention can improve overall welfare o markets allocate goodseffectively