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Author Question: What is the best measure of the value of output of an economy? A) NNP B) GNP C) GDP D) the GDP ... (Read 53 times)

saraeharris

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What is the best measure of the value of output of an economy?
 
  A) NNP B) GNP C) GDP D) the GDP deflator

Question 2

________ is likely to result in an increase in the total efficiency units of labor in an economy.
 
  A) A decrease in the capital-labor ratio in the economy
  B) An increase in the unemployment rate in the economy
  C) A decrease in the labor force participation rate in the economy
  D) An increase in the productivity of each worker in the country


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Anna

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saraeharris

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


daiying98

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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