Author Question: The unit of account is defined as A) an object that is accepted in return for goods and services. ... (Read 62 times)

fasfsadfdsfa · **on:** Jun 30, 2018

The unit of account is defined as

A) an object that is accepted in return for goods and services.
B) the medium of exchange.
C) the exchange of goods and services directly for other goods and services.
D) barter.
E) an agreed upon measure for stating prices of goods and services.

Question 2

If the U.S. population grew at a 0.9 percent and real GDP grew at a 4.4 percent during the same period, what was the growth rate of real GDP per person?

A) 4.0 percent B) 4.4 percent C) 5.3 percent D) 3.5 percent E) -3.5 percent