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Author Question: Recession refers to a period when real GDP in the economy A) declines for at least six months. B) ... (Read 16 times)

Alainaaa8

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on: Jun 30, 2018
Recession refers to a period when real GDP in the economy
 
  A) declines for at least six months. B) grows rapidly.
  C) experiences a rise in living standards. D) suffers due to political instability.

Question 2

Using the rule of 70, if the GDP per capita growth rate in the United States is 3.5 percent, real GDP per capita doubles every
 
  A) 20 years. B) 24.5 years. C) 35 years. D) 70 years.


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ynlevi

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


Alainaaa8

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

blakcmamba

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Reply 3 on: Yesterday
Wow, this really help

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