« previous next »

Author Question: Which of the following statements is NOT true about using per capita real GDP to measure a nation's ... (Read 81 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Jun 30, 2018
Which of the following statements is NOT true about using per capita real GDP to measure a nation's economic growth?
 
  A) The definition does not indicate how the increase in growth is being disturbed among the nation's population.
  B) The definition assumes that some of the increase in productivity goes to the poor.
  C) The definition is not perfect for measuring increases in a nation's productive capacity.
  D) The definition has understated actual economic growth because it does not take into consideration changes in leisure.

Question 2

The long run aggregate supply curve (LRAS) also represents
 
  A) the full-employment level of output. B) the full-information level of output.
  C) the full-adjustment level of output. D) all of the above.


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

storky111

  • Hero Member
  • *****
  • Posts: 561
Reply #2 on: Jun 30, 2018
Correct answers!


jordangronback

  • Sr. Member
  • ****
  • Posts: 339
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Use of the tympanic thermometer to measure body temperature. Use of the tympanic thermometer to measure body temperature.
The Reinstatement Procedure, a Measure of Craving The Reinstatement Procedure, a Measure of Craving
How to convert verbal statements into algebraic equations (Part 3) How to convert verbal statements into algebraic equations (Part 3)
Per capita consumption of power is high in the developed world and highest in the United States Per capita consumption of power is high in the developed world and highest in the United States
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Nucleic acid digestion -small intestine

For a complete list of videos, visit our video library