Author Question: The Human Development Index was proposed because A) people confuse nominal GDP and real GDP. B) ... (Read 92 times)

809779

  • Hero Member
  • *****
  • Posts: 579
The Human Development Index was proposed because
 
  A) people confuse nominal GDP and real GDP.
  B) nominal GDP and real GDP are subjective measures.
  C) of the limitations of real GDP as a measure comparing the standard of living in different nations.
  D) the GDP deflator changes if the base year is changed.
  E) different nations have different populations.

Question 2

If technological advances lower the cost of computer chips, in the market for computers the equilibrium price will ________ and the equilibrium quantity will ________.
 
  A) fall; increase
  B) fall; decrease
  C) rise; increase
  D) rise; decrease



amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library