This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is a normative statement about economic growth? A) Economic growth hurts ... (Read 108 times)

rmenurse

  • Hero Member
  • *****
  • Posts: 513
Which of the following is a normative statement about economic growth?
 
  A) Economic growth hurts developing countries.
  B) Economic growth increases GDP per capita.
  C) Foreign direct investment stimulates economic growth.
  D) Economic growth is associated with higher labor productivity growth.

Question 2

Suppose the economy is at full employment and firms become more pessimistic about the future profitability of new investment. Which of the following will happen in the short run?
 
  A) The aggregate demand curve will shift to the right.
  B) Unemployment will rise.
  C) Prices will rise.
  D) Output will rise.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryhom

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

A

Answer to Question 2

B




rmenurse

  • Member
  • Posts: 513
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


vickybb89

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Excellent

 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library