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Author Question: Economic growth is measured by the: a. advancement in the quality of a nation's technology. b. rate ... (Read 95 times)

crazycityslicker

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on: Jun 30, 2018
Economic growth is measured by the:
 a. advancement in the quality of a nation's technology.
 b. rate of business investment and capital formation.
 c. annual percentage change in per capita real output of goods and services.
 d. marginal change in nominal output divided by total output from the previous year.

Question 2

Which of the following is an example of capital?
 a. Education
  b. Natural resources
  c. Machinery
  d. Training
  e. Money


Ahernandez18

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


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