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Author Question: If GDP per capita rises by 2 between 2015 and 2016, which of the following is necessarily true? ... (Read 68 times)

123654777

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on: Jun 29, 2018
If GDP per capita rises by 2 between 2015 and 2016, which of the following is necessarily true?
 
  A) The population has increased, but by less than 2.
  B) The population has decreased.
  C) Real GDP has risen by more than 2.
  D) None of the above is necessarily true.

Question 2

In July, market analysts predict that the price of gold will rise in August. What happens in the gold market in July, holding everything else constant?
 
  A) The demand curve shifts to the left.
  B) The supply curve shifts to the left.
  C) The quantity demanded and the quantity supplied increase.
  D) The supply curve shifts to the right.


succesfull

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


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