An explanation for the productivity slowdown from 1974 through 1995 is
A) measurement problems. B) an increase in labor quality.
C) creative destruction. D) a decline in oil prices.
Question 2
If real GDP in a closed economy is 40 billion, consumption is 20 billion, and government purchases are 10 billion, what is investment?
A) 10 billion B) 30 billion C) 40 billion D) 70 billion