Author Question: If there was an increase in technology other things equal, real GDP growth would ____ and real GDP ... (Read 85 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?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library