Homework Clinic
Social Science Clinic => Economics => Topic started by: Cooldude101 on Jun 29, 2018
-
A reduction in the rate of population growth
A) always causes an increase in economic growth.
B) never causes an increase in economic growth.
C) may or may not cause an increase in economic growth.
D) will cause a reduction in economic growth if accompanied by an increase in the rate of growth of real GDP.
Question 2
Refer to the above figure. At a price of 2 per gallon, the quantity demanded of gasoline is
A) 80,000 gallons per month.
B) 100,000 gallons per month.
C) 60,000 gallons per month.
D) 140,000 gallons per month.
-
Answer to Question 1
C
Answer to Question 2
D