This topic contains a solution. Click here to go to the answer

Author Question: Recession refers to a period when real GDP in the economy A) declines for at least six months. B) ... (Read 75 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
Recession refers to a period when real GDP in the economy
 
  A) declines for at least six months. B) grows rapidly.
  C) experiences a rise in living standards. D) suffers due to political instability.

Question 2

Using the rule of 70, if the GDP per capita growth rate in the United States is 3.5 percent, real GDP per capita doubles every
 
  A) 20 years. B) 24.5 years. C) 35 years. D) 70 years.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ynlevi

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

A

Answer to Question 2

A




Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Jun 30, 2018
Gracias!


covalentbond

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

For a complete list of videos, visit our video library