This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following is associated with classical growth theory? I. Growth in real GDP can ... (Read 129 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
Which of the following is associated with classical growth theory?
 
  I. Growth in real GDP can continue indefinitely.
  II. Technological growth increases as the population grows.
  III. Population explosions bring real GDP per person back to subsistence levels.
  A) I
  B) II
  C) III
  D) I and III

Question 2

What is the approximate relationship among the real interest rate, the inflation rate, and the nominal interest rate?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wergv

  • Sr. Member
  • ****
  • Posts: 365
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

The real interest rate equals the nominal interest rate minus the inflation rate.


jhjkgdfhk

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent

ghepp

  • Member
  • Posts: 361
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Growth of arg Mutants in Response to Supplements Growth of arg Mutants in Response to Supplements
The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h The adolescent growth spurt in humans is seen as a “bump” in the height curve and a “spike” in the h
Growth in Cold and Cool Clouds Growth in Cold and Cool Clouds
Social Capability and Economic Growth Social Capability and Economic Growth
Growth of World Trade, 1870–2010 Growth of World Trade, 1870–2010
Limb growth development of Salamander Experiment Limb growth development of Salamander Experiment
Video: Metaphase I Animation

For a complete list of videos, visit our video library