Author Question: Unemployment is a A) flow concept. B) both a flow and a stock concept. C) stock concept. D) ... (Read 215 times)

humphriesbr@me.com · **on:** Jun 30, 2018

Unemployment is a

A) flow concept. B) both a flow and a stock concept.
C) stock concept. D) neither a stock nor a flow concept.

Question 2

Economic growth is usually defined as

A) the increase in output over time, as measured by real per capita Gross Domestic Product (GDP).
B) the reduction in the real cost of necessities.
C) the rate of increase in output divided by the increase in labor.
D) the increase in input availability.