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

Author Question: Suppose a country experiences an increase in output per worker. Such a development represents which ... (Read 28 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jun 30, 2018
Suppose a country experiences an increase in output per worker. Such a development represents which of the following?
 
  A) an increase in labor productivity B) an increase in population growth
  C) a reduction in the saving rate D) a decrease in economic growth

Question 2

We draw the long-run aggregate supply curve as a vertical line to reflect the fact that
 
  A) changes in the price level do not alter the level of long-run real GDP after full adjustment has occurred.
  B) an accurate depiction of the production possibilities curve is vertical after full adjustment has occurred.
  C) technology and resource endowments do not affect long-run real GDP after full adjustment has occurred.
  D) the productive capacity of the economy never changes after full adjustment has occurred.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blazinlyss

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Wow, this really help

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

The process of learning to read involves physical and socioemotional development, changes in the ... The process of learning to read involves physical and socioemotional development, changes in the ...
Review of Stages of Personality, Morality, and Faith Development Review of Stages of Personality, Morality, and Faith Development
Nonlinear increase in saturation vapor pressure with increase in temperature. Nonlinear increase in saturation vapor pressure with increase in temperature.
Positive and negative selection during T-cell development. Positive and negative selection during T-cell development.
GDP per Capita by Country Group, 1820–2008 GDP per Capita by Country Group, 1820–2008
Inductive signaling during vulval development in C. elegans Inductive signaling during vulval development in C. elegans
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library