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Author Question: Which of the following ideas are included in classical growth theory? I. Subsistence real GDP per ... (Read 135 times)

mspears3

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on: Jun 29, 2018
Which of the following ideas are included in classical growth theory?
 
  I. Subsistence real GDP per person
  II. Growth in real GDP per person is temporary.
  III. Technological change induces investment.
  A) I only
  B) I and II
  C) II and III
  D) I, II and III

Question 2

The first step in measuring the CPI is to
 
  A) select the market basket.
  B) conduct a monthly survey.
  C) collect prices for the basket of goods and services.
  D) interview businesses.


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Eazy416

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

B

Answer to Question 2

A


mspears3

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

FergA

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Reply 3 on: Yesterday
Excellent

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