Author Question: If we are interested in knowing whether a poor country is improving economically, we want to know ... (Read 94 times)

mckennatimberlake · **on:** Jun 29, 2018

If we are interested in knowing whether a poor country is improving economically, we want to know not only what the economic growth rate is, but also

A) whether the economic growth rate is faster than other nations' growth rates.
B) whether government spending is growing at the same rate.
C) whether the economic growth rate is greater than last year's rate.
D) whether the lowest income groups are benefiting from the growth.

Question 2

To be useful, a model must

A) predict accurately all of the time.
B) predict more accurately than other models that have been developed.
C) have assumptions that have been verified by empirical testing.
D) explain and predict the behavior of every individual.