Author Question: Economic growth is measured by the: a. advancement in the quality of a nation's technology. b. rate ... (Read 94 times)

crazycityslicker

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Economic growth is measured by the:
 a. advancement in the quality of a nation's technology.
 b. rate of business investment and capital formation.
 c. annual percentage change in per capita real output of goods and services.
 d. marginal change in nominal output divided by total output from the previous year.

Question 2

Which of the following is an example of capital?
 a. Education
  b. Natural resources
  c. Machinery
  d. Training
  e. Money



Ahernandez18

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Answer to Question 1

c

Answer to Question 2

c



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