Author Question: The Human Development Index was proposed because A) people confuse nominal GDP and real GDP. B) ... (Read 91 times)

809779

  • Hero Member
  • *****
  • Posts: 579
The Human Development Index was proposed because
 
  A) people confuse nominal GDP and real GDP.
  B) nominal GDP and real GDP are subjective measures.
  C) of the limitations of real GDP as a measure comparing the standard of living in different nations.
  D) the GDP deflator changes if the base year is changed.
  E) different nations have different populations.

Question 2

If technological advances lower the cost of computer chips, in the market for computers the equilibrium price will ________ and the equilibrium quantity will ________.
 
  A) fall; increase
  B) fall; decrease
  C) rise; increase
  D) rise; decrease



amanda_14

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

For a complete list of videos, visit our video library