Author Question: If the savings rate in an economy is 30, and the level of investment in the economy is 400, the GDP ... (Read 101 times)

Lisaclaire · **on:** Jun 30, 2018

If the savings rate in an economy is 30, and the level of investment in the economy is 400, the GDP of the economy must be:

A) 1,900.25. B) 1,111.22. C) 1,333.33. D) 1,750.50.

Question 2

The natural rate of unemployment includes

A) frictional and cyclical unemployment.
B) frictional unemployment and structural unemployment.
C) only cyclical unemployment.
D) only unemployment due to layoffs and corporate downsizing.