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Author Question: Without an increase in the supplies of factors of production, how can a nation achieve economic ... (Read 35 times)

ETearle

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on: Jun 29, 2018
Without an increase in the supplies of factors of production, how can a nation achieve economic growth?
 
  A) by producing more high-value goods and fewer low-value goods
  B) by increasing the prices of factors of production
  C) through technological advancement which enables more output with the same quantity of resources
  D) by lowering the prices of factors of production

Question 2

In periods when prices are falling, on average,
 
  A) real GDP will grow as fast as nominal GDP. B) real GDP will grow slower than nominal GDP.
  C) real GDP will grow faster than nominal GDP. D) one cannot calculate real GDP.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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Jane

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ETearle

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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