« previous next »

Author Question: Economic growth is a sustained expansion of production possibilities, as measured by the increase in ... (Read 83 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
on: Jun 30, 2018
Economic growth is a sustained expansion of production possibilities, as measured by the increase in ________ over time.
 
  A) population
  B) inflation
  C) the price level
  D) real GDP
  E) employment

Question 2

Suppose the federal government implemented a flat tax to replace the income tax, and the flat tax saved taxpayers a total of 5 billion. A tax change such as this could be viewed as an example of the federal government implementing
 
  A) contractionary monetary policy. B) contractionary fiscal policy.
  C) expansionary monetary policy. D) expansionary fiscal policy.


scikid

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

British Output and Productivity Growth, 1760–1913 British Output and Productivity Growth, 1760–1913
economic question economic question
economic question economic question
economic question economic question
Early growth of corn (Zea mays), a typical monocot. Early growth of corn (Zea mays), a typical monocot.
Primary growth in a root Primary growth in a root
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library