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Author Question: Between 1870 and 1920, the total labor force increased by threefold while (a) the total number of ... (Read 110 times)

cabate

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Between 1870 and 1920, the total labor force increased by threefold while
 
  (a) the total number of people employed in agriculture increased by almost twofold and the total number of people employed in manufacturing and other non- agriculture increased fivefold.
  (b) the total number of people employed in agriculture increased by almost fivefold and the total number of people employed in manufacturing and other non- agriculture increased
  by threefold.
  (c) the total number of people employed in agriculture increased and the total number of people employed in manufacturing and other non- agriculture increased by threefold.
  (d) the total number of people employed in manufacturing and other non- agriculture increased
  fivefold while agriculture decreased by twofold.

Question 2

Between 1945 and 1950, the U.S. price level rose by one-third. This increase was complemented by which of the following?
 
  (a) An increase in nominal and real GDP
  (b) An increase in nominal GDP but a decrease in real GDP
  (c) An increase in real GDP but a decrease in nominal GDP
  (d) Stable nominal and real GDP



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annierak

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Answer to Question 1

(a)

Answer to Question 2

(b)




cabate

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Reply 2 on: Jun 30, 2018
:D TYSM


carlsona147

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Reply 3 on: Yesterday
Wow, this really help

 

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