Author Question: If there was an increase in technology other things equal, real GDP growth would ____ and real GDP ... (Read 68 times)

acc299

  • Hero Member
  • *****
  • Posts: 569
If there was an increase in technology other things equal, real GDP growth would ____ and real GDP growth per capita would ____.
 a. increase; increase.
 b. increase; be indeterminate.
  c. decrease; decrease.
 d. decrease; be indeterminate

Question 2

If using the same resources, the U.S. workers can produce more of any good than Mexican workers, then the United States should produce every good.
 a. True
  b. False
  Indicate whether the statement is true or false



bhavsar

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

a

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

For a complete list of videos, visit our video library