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Author Question: Which of the following statements is true of world GDP before 1800? A) The entire world ... (Read 104 times)

penguins

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Which of the following statements is true of world GDP before 1800?
 
  A) The entire world population was living above the subsistence level of income.
  B) The GDP per capita in all nations was less than 500.
  C) Most of the countries were growing at a rate of more than 6 per year.
  D) Increase in GDP resulted in increase in consumption but not investment.

Question 2

As more economic development occurs
 
  A) the population growth rate increases. B) technological progress slows.
  C) capital accumulation decreases. D) the population growth rate decreases.


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scikid

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penguins

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Reply 2 on: Jun 30, 2018
Excellent


anyusername12131

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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