Author Question: What best describes changes in per capita output between 1860-1880? a. The South experienced both ... (Read 16 times)

folubunmi · **on:** Jun 30, 2018

What best describes changes in per capita output between 1860-1880?
a. The South experienced both an absolute reduction and a reduction relative to the North.
b. Both the North and South grew, but the North grew faster than the South.
c. The North and South both suffered absolute decreases.
d. The South and the North grew and the South grew faster than the North.

Question 2

Economists often examine GNP to estimate changes in the well being of people. If one only studied GNP, which of the following would lead one to underestimate the true increases in peoples' well being?
a. Increasing average hours of work.
b. Decreasing life expectancy.
c. Increasing levels of pollution.
d. Increasing amounts of production in the home.

leannegxo · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

a. The South experienced both an absolute reduction and a reduction relative to the North.

Answer to Question 2

d. Increasing amounts of production in the home.