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

Author Question: Without an increase in the supplies of factors of production, how can a nation achieve economic ... (Read 85 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jane

  • Sr. Member
  • ****
  • Posts: 309
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.
Answer Preview
Only 39% of students answer this correctly




ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 29, 2018
Excellent


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library