Author Question: In the United States, between 1961 and 2011, there has been i. a consistent , non-changing growth ... (Read 105 times)

frankwu · **on:** Jun 29, 2018

In the United States, between 1961 and 2011, there has been

i. a consistent , non-changing growth rate of potential GDP per person.
ii. an increase in the standard of living based on real GDP per person.
iii. fluctuations in real GDP per person around potential GDP per person.
A) ii only
B) i, ii and iii
C) i and ii only
D) ii and iii
E) i only

Question 2

Susan likes to drink sodas. The ________ soda Susan drinks, the ________ of the last soda.

A) more; higher the marginal benefit
B) less; higher the opportunity cost
C) less; lower the marginal benefit
D) more; lower the marginal benefit