Author Question: The Soviet Union's economy grew rapidly in terms of GDP per hour worked in the 1950s, but eventually ... (Read 95 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
The Soviet Union's economy grew rapidly in terms of GDP per hour worked in the 1950s, but eventually this growth slowed. Why did this occur?
 
  A) Capital per hour worked grew rapidly from 1950 to 1980, but technological change occurred very slowly.
  B) Increasing implementation of new technologies eventually suffered diminishing marginal returns.
  C) Capital per hour worked grew slowly, but technological change grew very rapidly.
  D) The centrally planned economy invested too heavily in technological change.

Question 2

If cyclical unemployment is eliminated in the economy, then
 
  A) the unemployment rate is above the natural rate of unemployment.
  B) the economy is considered to be at full employment.
  C) the unemployment rate is below the natural rate of unemployment.
  D) the economy is at less than full employment.



peter

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

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?

The FDA recognizes 118 routes of administration.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

For a complete list of videos, visit our video library