Author Question: Economic growth is defined as equal to the increase in A) real GDP. B) population. C) the ... (Read 64 times)

vicotolentino · **on:** Jun 30, 2018

Economic growth is defined as equal to the increase in

A) real GDP.
B) population.
C) the price level.
D) the inflation rate.
E) employment.

Question 2

In calculating the unemployment rate, part-time workers over the age of 16 are counted as

A) not in the labor force.
B) employed if they are part-time workers for noneconomic reasons and unemployed if they are involuntary part-time workers.
C) not in the working-age population.
D) unemployed.
E) employed.