Author Question: Economic growth can be defined as a percentage increase in A) per capita real GDP. B) nominal ... (Read 116 times)

Brittanyd9008 · **on:** Jun 30, 2018

Economic growth can be defined as a percentage increase in

A) per capita real GDP. B) nominal GDP.
C) consumption by households. D) real GDP.

Question 2

One criticism of the unemployment rate is that it

A) is a stock measure.
B) does not include people who are not working and are not looking for work.
C) does not include the number of discouraged workers as unemployed.
D) counts a new entrant that is actively seeking work as unemployed.