By the late 1990s, the growth rate of total factor productivity ...

[azncindy619]

By the late 1990s, the growth rate of total factor productivity in the United States _____.
 a. averaged about 1
  b. averaged between 3 and 4
  c. averaged between 6 and 8
  d. averaged between 10 and 15
  e. averaged above 20

Question 2

For a given decrease in demand, the effect on price is largest and the effect on quantity exchanged smallest when:
 a. supply is perfectly elastic.
 b. supply is elastic.
 c. supply is unit elastic.
 d. supply is perfectly inelastic.

[cuttiesgirl16]

Answer to Question 1

a

Answer to Question 2

d

[azncindy619]

Excellent

[mcabuhat]

Gracias!