Per capita real GDP is a questionable indicator of the state of ...

[ericka1]

Per capita real GDP is a questionable indicator of the state of the economy because it does not account for:
 a. growth of national income.
  b. changes in inflation.
  c. income distribution.
  d. changes in the size of the population.
  e. changes in the level of output.

Question 2

If the elasticity of demand coefficient for a good is 6 (in absolute terms), we know:
 a. that for every 1 increase in quantity, there will be a 6 increase in price.
  b. that for every 1 increase in quantity, there will be a 6 decrease in price.
  c. that for every 6 increase in quantity, there will be a 1 increase in price.
  d. that for every 6 increase in quantity, there will be a 1 decrease in price.

[cascooper22]

Answer to Question 1

c

Answer to Question 2

d