Author Question: According to the new growth theory, real GDP per person grows because A) the retirement age ... (Read 63 times)

washai

  • Hero Member
  • *****
  • Posts: 523
According to the new growth theory, real GDP per person grows because
 
  A) the retirement age increases.
  B) the labor force participation rate increases.
  C) people make choices in pursuit of profits.
  D) the population increases.
  E) the government subsidizes firms' research and development.

Question 2

If the price level increases, there is ________ the AD curve and the quantity of real GDP demanded ________.
 
  A) a movement upward along; increases
  B) a leftward shift in; decreases
  C) a movement downward along; increases
  D) no change in; does not change
  E) a movement upward along; decreases



xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

C

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library