It is generally true that per capita GNP is:
a. negatively correlated with labor productivity.
b. positively correlated with the standard of living.
c. negatively correlated with the life expectancy rate.
d. uncorrelated with the literacy level.
e. positively correlated with the rate of population growth.
Question 2
Total welfare gains from trade to the economy can be measured:
a. as the sum of consumer and producer surpluses.
b. as the difference between producer surplus and consumer surplus.
c. as the sum of consumer and producer surpluses minus taxes
d. as the net gain in consumer surplus that results from an action that alters a market equilibrium.
Aquatic microclimates: aquatic environments generally show less temperature variation compared to te
True-color image of layers of haze in Titan's atmosphere.
Child Labor Rates and GDP Worldwide
Indentured Labor from Asia
Inferring Productivity from Data on Output and Factor Accumulation
Role of Productivity in Determining Growth, 1975–2009