This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that in 2015 a country has a population of 1 million and real GDP of 1 billion. In 2016, the ... (Read 106 times)

mpobi80

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
Suppose that in 2015 a country has a population of 1 million and real GDP of 1 billion. In 2016, the population is 1.1 million and the real GDP is 1.1 billion. The real GDP per person growth rate is
 
  A) 1000.
  B) positive.
  C) negative.
  D) zero.

Question 2

Suppose that the total labor force is 100 individuals with 10 unemployed. The unemployment rate is ________. Now assume that 10 people drop out of the labor force and that 10 remain unemployed. The new unemployment rate is ________.
 
  A) 9 percent; 10 percent
  B) 10 percent; 9 percent
  C) 10 percent; 11 percent
  D) 11 percent; 10 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ankilker

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


mpobi80

  • Member
  • Posts: 519
Reply 2 on: Jun 29, 2018
Wow, this really help

Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Abiotic factors influence population densities. Abiotic factors influence population densities.
Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo
World Population Growth, Past 10,000 years World Population Growth, Past 10,000 years
Rural versus Urban Population, 1820–1860 Rural versus Urban Population, 1820–1860
Time vs. USA Population Exponential Time vs. USA Population Exponential
population pyramid of Croatia population pyramid of Croatia
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library