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Author Question: New growth theory proposes that real GDP per person grows because of ________ and that growth ... (Read 184 times)

Evvie72

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on: Jun 29, 2018
New growth theory proposes that real GDP per person grows because of ________ and that growth ________.
 
  A) the pursuit of profit; can persist indefinitely
  B) productivity shocks; can persist indefinitely
  C) technological change; can only increase above the subsistence level temporarily
  D) productivity shocks; occurs randomly

Question 2

If the inflation rate is negative, the price level in an economy is
 
  A) falling.
  B) rising slowly.
  C) constant.
  D) rising rapidly.


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SomethingSomething

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

A

Answer to Question 2

A


Evvie72

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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