« previous next »

Author Question: Given a constant rate of growth of real GDP, what would lead to an increasing real GDP per capita? ... (Read 71 times)

segrsyd

  • Hero Member
  • *****
  • Posts: 530
on: Jun 30, 2018
Given a constant rate of growth of real GDP, what would lead to an increasing real GDP per capita?
 a. a rate of population growth that is less than the rate of growth of real GDP
  b. a rate of population growth that is greater than the rate of growth of real GDP
  c. an increase in the size of the labor force
 d. an increase in the capital stock

Question 2

What accounts for specialization?
 a. People specialize in the activity in which their opportunity costs are at a maximum.
  b. People specialize in the activity in which their opportunity costs are lowest.
  c. People do not specialize in any activity.
  d. People specialize in the activity that pays the highest wage.
  e. People specialize in the activity that they enjoy the most, no matter what the salary is.


Silverbeard98

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ... Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ...
National lead measurements, 1984 - 2008 National lead measurements, 1984 - 2008
The inequality of per capita emissions between the developed world and the developing world The inequality of per capita emissions between the developed world and the developing world
Factors That Affect Your Basal Metabolic Rate Factors That Affect Your Basal Metabolic Rate
Week by week fetus growth Week by week fetus growth
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Electrocardiogram Examination

For a complete list of videos, visit our video library