A constant rate of U.S. economic growth over a given period of years would involve
A) adding the same amount of real dollars to real GDP per capita each year.
B) compounding the percentage increase in real GDP per capita over the years.
C) adding the same amount of nominal dollars to real GDP per capita each year.
D) None of the above are correct.
Question 2
The curve in the above figure will shift to the right when
A) the price level falls.
B) the proportion of the population that is elderly increases.
C) population falls.
D) technology increases.
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
When young infants hold objects for a long period of time they eventually become habituated to them.
Population Growth
Growth in Open Economies
economic question
economic question