Author Question: Which of the following factors is not believed to affect output in the long run? A) technology ... (Read 69 times)

Kikoku · **on:** Jun 30, 2018

Which of the following factors is not believed to affect output in the long run?

A) technology
B) monetary policy
C) the size of the labor force
D) the capital stock

Question 2

Which of the following prices will be used when calculating the rate of growth of real GDP between the year's 2005 and 2006 using the chain method?

A) prices in the base year (2002)
B) prices in 2005
C) prices in 2006
D) the average of prices in 2005 and 2006
E) prices in 2005, 2006, and in 2002 (the base year)