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Author Question: By the late 1990s, the growth rate of total factor productivity in the United States _____. a. ... (Read 105 times)

azncindy619

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on: Jun 30, 2018
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.


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cuttiesgirl16

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

a

Answer to Question 2

d


azncindy619

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

bassamabas

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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