Author Question: If there was an increase in technology other things equal, real GDP growth would ____ and real GDP ... (Read 69 times)

acc299

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If there was an increase in technology other things equal, real GDP growth would ____ and real GDP growth per capita would ____.
 a. increase; increase.
 b. increase; be indeterminate.
  c. decrease; decrease.
 d. decrease; be indeterminate

Question 2

If using the same resources, the U.S. workers can produce more of any good than Mexican workers, then the United States should produce every good.
 a. True
  b. False
  Indicate whether the statement is true or false



bhavsar

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  • Posts: 351
Answer to Question 1

a

Answer to Question 2

False



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