Author Question: Which of the following helps determine the growth rate of potential GDP? I. capital accumulation ... (Read 74 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
Which of the following helps determine the growth rate of potential GDP?
 
  I. capital accumulation
  II. technology advances
  III. growth in the quantity of money
  A) I
  B) I and II
  C) I and III
  D) I, II and III

Question 2

A minimum wage set above the equilibrium wage rate is a price ________ that ________ the quantity of low-skilled labor demanded.
 
  A) ceiling; decreases
  B) ceiling; increases
  C) floor; decreases
  D) floor; increases



macmac

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

For a complete list of videos, visit our video library