« previous next »

Author Question: If real GDP per person rises above the subsistence level then, according to classical growth theory, ... (Read 111 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
If real GDP per person rises above the subsistence level then, according to classical growth theory,
 
  A) a population explosion will occur.
  B) labor productivity growth permanently increases.
  C) population growth will slow down.
  D) real GDP per person will fall below the subsistence level.
  E) real GDP per person will remain above the subsistence level.

Question 2

Every day, ________ changes to make the quantity of money demanded equal the quantity of money supplied.
 
  A) real GDP
  B) the money supply
  C) the inflation rate
  D) the nominal interest rate
  E) the price level


Mholman93

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

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Plants responded by non-uniform root growth. Plants responded by non-uniform root growth.
Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the Epidemiologists look for the causes of disease, such as toxic waste and industrial pollution, at the
How Much Food Does the World Produce Per Person? How Much Food Does the World Produce Per Person?
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Exponential Growth Question Exponential Growth Question
Cohesion–tension theory of water transport in vascular plants Cohesion–tension theory of water transport in vascular plants
Video: Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library