Suppose the growth in GDP per hour resulting from physical ...

[panfilo]

Suppose the growth in GDP per hour resulting from physical capital in an economy is 1 and the growth resulting from human capital is 2. If the annual growth rate of GDP per hour is 5, the growth resulting from technology equals:
 
  A) 4. B) 3. C) 2. D) 1.

Question 2

The transactions demand for money exists because households
 
  A) do not like the fact that money is a liquid asset.
  B) must save for unexpected emergencies.
  C) are insensitive to interest rate changes.
  D) do not receive their incomes at the same time they wish to make purchases.

[sultana.d]

Answer to Question 1

C

Answer to Question 2

D