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Author Question: Which of the following helps determine the growth rate of potential GDP? I. capital accumulation ... (Read 29 times)

leilurhhh

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on: Jun 29, 2018
Which of the following helps determine the growth rate of potential GDP?
 
  I. capital accumulation
  II. technology advances
  III. growth in the quantity of money
  A) I
  B) I and II
  C) I and III
  D) I, II and III

Question 2

A minimum wage set above the equilibrium wage rate is a price ________ that ________ the quantity of low-skilled labor demanded.
 
  A) ceiling; decreases
  B) ceiling; increases
  C) floor; decreases
  D) floor; increases


macmac

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


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