Author Question: It is generally true that per capita GNP is: a. negatively correlated with labor productivity. b. ... (Read 48 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
It is generally true that per capita GNP is:
 a. negatively correlated with labor productivity.
  b. positively correlated with the standard of living.
  c. negatively correlated with the life expectancy rate.
  d. uncorrelated with the literacy level.
  e. positively correlated with the rate of population growth.

Question 2

Total welfare gains from trade to the economy can be measured:
 a. as the sum of consumer and producer surpluses.
 b. as the difference between producer surplus and consumer surplus.
 c. as the sum of consumer and producer surpluses minus taxes
 d. as the net gain in consumer surplus that results from an action that alters a market equilibrium.



polinasid

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

b

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

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.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library