Suppose the growth rate of GDP in the United States is 4.2 ...

[big1devin]

Suppose the growth rate of GDP in the United States is 4.2 percent. If 1.1 percent and 1.4 percent of GDP growth are due, respectively, to capital and labor growth, the amount resulting from technological progress is
 
  A) 0.3 percent. B) 1.1 percent. C) 1.4 percent. D) 1.7 percent.

Question 2

Hector voluntarily left his job to search for a job in accounting, the field in which he has his bachelor's degree. Hector is considered
 
  A) frictionally unemployed. B) not to be unemployed.
  C) structurally unemployed. D) cyclically unemployed.

[swimkari]

Answer to Question 1

D

Answer to Question 2

A