Unemployment is a A) flow concept. B) both a flow and a stock ...

[humphriesbr@me.com]

Unemployment is a
 
  A) flow concept. B) both a flow and a stock concept.
  C) stock concept. D) neither a stock nor a flow concept.

Question 2

Economic growth is usually defined as
 
  A) the increase in output over time, as measured by real per capita Gross Domestic Product (GDP).
  B) the reduction in the real cost of necessities.
  C) the rate of increase in output divided by the increase in labor.
  D) the increase in input availability.

[owenfalvey]

Answer to Question 1

C

Answer to Question 2

A

[humphriesbr@me.com]

Excellent

[Liddy]

Thanks for the timely response, appreciate it