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Author Question: Which of the following is a normative statement about economic growth? A) Economic growth hurts ... (Read 212 times)

rmenurse

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Which of the following is a normative statement about economic growth?
 
  A) Economic growth hurts developing countries.
  B) Economic growth increases GDP per capita.
  C) Foreign direct investment stimulates economic growth.
  D) Economic growth is associated with higher labor productivity growth.

Question 2

Suppose the economy is at full employment and firms become more pessimistic about the future profitability of new investment. Which of the following will happen in the short run?
 
  A) The aggregate demand curve will shift to the right.
  B) Unemployment will rise.
  C) Prices will rise.
  D) Output will rise.



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ryhom

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Answer to Question 1

A

Answer to Question 2

B




rmenurse

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Reply 2 on: Jun 29, 2018
Wow, this really help


lindahyatt42

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Reply 3 on: Yesterday
Excellent

 

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