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Author Question: Suppose real GDP for a country is 13 trillion in 2015, 14 trillion in 2016, 15 trillion in 2017, and ... (Read 166 times)

shofmannx20

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on: Jun 29, 2018
Suppose real GDP for a country is 13 trillion in 2015, 14 trillion in 2016, 15 trillion in 2017, and 16 trillion in 2018. Over this time period, the real GDP growth rate is
 
  A) increasing.
  B) decreasing.
  C) constant.
  D) negative.

Question 2

If the economy's capital stock increases over time
 
  A) net investment is positive.
  B) depreciation is less than zero.
  C) depreciation exceeds gross investment.
  D) gross investment equals depreciation.


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pikon

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

B

Answer to Question 2

A


shofmannx20

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

peter

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

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