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Author Question: If there was both an increase in technology and an increase in labor force participation, real GDP ... (Read 45 times)

mmm

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  • Posts: 558
on: Jun 30, 2018
If there was both an increase in technology and an increase in labor force participation, real GDP growth would ____ and real GDP growth per capita would ____.
 a. increase: increase
 b. be indeterminate; be indeterminate
  c. be indeterminate; decrease
 d. increase; be indeterminate

Question 2

Free trade leads to an overall improvement in the standard of living in a country because everything is produced at the lowest possible cost.
 a. True
  b. False
  Indicate whether the statement is true or false


maya.nigrin17@yahoo.com

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

True


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