This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Last year, in a nation far to the South, real GDP was 90 million and 900,000 workers were employed. ... (Read 57 times)

Mr.Thesaxman

  • Hero Member
  • *****
  • Posts: 514
on: Jun 30, 2018
Last year, in a nation far to the South, real GDP was 90 million and 900,000 workers were employed. This year real GDP is 100 million, 950,000 workers are employed, and the number of hours each worker works per year did not change.
 
  Hence, labor productivity
  A) has decreased.
  B) has increased.
  C) has remained constant.
  D) cannot be compared between the two years because both real GDP and the number of workers increased.
  E) might have changed, but more information is needed to determine if it changed.

Question 2

If you take out a bank loan prior to unanticipated inflation
 
  A) your bank will gain at your expense.
  B) you will gain at the expense of your bank.
  C) it will be harder for you to repay the loan because of the inflated dollar.
  D) neither you nor your bank will be affected, because the loan was made prior to the inflation.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eazy416

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly


Mr.Thesaxman

  • Member
  • Posts: 514
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

cpetit11

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r Defibrillator. Defibrillators are devices that supply a voltage charge to the heart in the hope of r
Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ... Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ...
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
north of east, east of north, east of south, south of east, etc. north of east, east of north, east of south, south of east, etc.
Number line (real numbers) Number line (real numbers)
Video: Asthma Treatment

For a complete list of videos, visit our video library