QUESTION1 (Indirect business taxes refer to)

depreciation expenses.

sales and local taxes paid by business.

payments for low-skilled labor.

dividend taxes paid by the corporation.

QUESTION 2 (Labor productivity increases when)

the average number of hours people work goes up.

the unemployment rate decreases.

the average output produced per worker during a specified time period increases.

the average output produced per worker during a specified time period decreases.

QUESTION 3 (New growth theory argues that)

growth is due to the proper government policies concerning interest rates.

growth relies on maintaining lower growth rates of population, especially in less developed countries.

technology cannot be looked at as an outside factor without an explanation of what drives it.

technology is the key factor that explains growth but technology is beyond economic explanation itself.