Author Question: According to the new growth theory, real GDP per person grows because A) the retirement age ... (Read 113 times)

washai

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According to the new growth theory, real GDP per person grows because
 
  A) the retirement age increases.
  B) the labor force participation rate increases.
  C) people make choices in pursuit of profits.
  D) the population increases.
  E) the government subsidizes firms' research and development.

Question 2

If the price level increases, there is ________ the AD curve and the quantity of real GDP demanded ________.
 
  A) a movement upward along; increases
  B) a leftward shift in; decreases
  C) a movement downward along; increases
  D) no change in; does not change
  E) a movement upward along; decreases



xiaomengxian

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Answer to Question 1

C

Answer to Question 2

E



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