Author Question: Which of the following will happen if the GDP of a country increases and the population remains ... (Read 37 times)

itsmyluck · **on:** Jun 30, 2018

Which of the following will happen if the GDP of a country increases and the population remains constant?

A) Income per capita will remain constant. B) Income per capita will increase.
C) Unemployment rate will increase. D) Gross national product will decrease.

Question 2

Data confirms that the quantity theory of money:

A) holds only in the short run.
B) holds in the long run.
C) holds both in the long run and the short run.
D) does not hold either in the short run or in the long run.