Which of the following will cause an increase in economic growth?
A) a reduction in the unemployment rate B) a reduction in labor force participation
C) an increase in human capital D) a reduction in the stock of physical capital
Question 2
The level of real GDP identified by the long-run aggregate supply curve is
A) the level of GDP at which each industry is experiencing growth in sales.
B) the level of GDP at which each business firm is experiencing growth in sales.
C) the level of GDP at which no one is below the poverty line.
D) the full-employment level of real GDP.
Growth of yeast cells in culture fits the logistic growth model.
Population growth rate %
Role of Productivity in Determining Growth, 1975–2009
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