This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The main cause of low per capita income is ________. A) a low level of capital B) a small ... (Read 57 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The main cause of low per capita income is ________.
 
  A) a low level of capital
  B) a small workforce
  C) low productivity of capital and labor
  D) slow growth of capital and labor shares of income
  E) none of the above

Question 2

New Keynesian economists believe that nominal wages and prices respond ________ to shocks, and classical economists believe that nominal wages and prices respond ________ to shocks.
 
  A) quickly; quickly
  B) quickly; slowly
  C) slowly; quickly
  D) slowly; slowly


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


jake

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Excellent

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Structure of cellulose, the main macromolecule of the primary cell wall Structure of cellulose, the main macromolecule of the primary cell wall
Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ... Drive-on ramps are dangerous to use. The wheels on the ground level must be chocked (blocked) to ...
Control of blood glucose level. Control of blood glucose level.
Absorption Methods in the Small Intestine Absorption Methods in the Small Intestine
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: First Stage of Labor and Delivery Video

For a complete list of videos, visit our video library