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Author Question: If consumption = 2,000, investment = 600, government purchases = 500, net exports = 40, transfer ... (Read 51 times)

Medesa

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If consumption = 2,000, investment = 600, government purchases = 500, net exports = 40, transfer payments = 340, then _____.
 a. GDP = 2,720
  b. GDP = 3,060
  c. GDP = 3,140
  d. GDP = 3,400
  e. GDP = 3,340

Question 2

Suppose a change in technology increases the marginal product of labor. The result is a(n):
 a. downward movement along the demand for labor curve.
  b. rightward shift in the demand for labor curve.
  c. leftward shift in the demand for labor curve.
  d. upward movement along the demand for labor curve.



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Ksh22

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Answer to Question 1

b

Answer to Question 2

b




Medesa

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Reply 2 on: Jun 30, 2018
:D TYSM


kswal303

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Reply 3 on: Yesterday
Excellent

 

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