Author Question: Which of the following statements is true of growth in the U.S. economy from 1950 to 2007? A) ... (Read 56 times)

LCritchfi · **on:** Jun 30, 2018

Which of the following statements is true of growth in the U.S. economy from 1950 to 2007?

A) Growth resulting from physical capital > growth resulting from technology > growth resulting from human capital
B) Growth resulting from technology > growth resulting from physical capital > growth resulting from human capital
C) Growth resulting from human capital > growth resulting from technology > growth resulting from physical capital
D) Growth resulting from technology > growth resulting from human capital > growth resulting from physical capital

Question 2

Which of the following would cause an increase in aggregate demand (AD)?

A) an increase in interest rates B) a decrease in taxes
C) a decrease in price levels D) a rise in the foreign exchange value of the dollar