This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the contribution from capital growth equals 2 percent and the contribution from labor growth ... (Read 138 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
on: Jun 30, 2018
If the contribution from capital growth equals 2 percent and the contribution from labor growth equals 4 percent, then GDP ________.
 
  A) will grow by 6 percent
  B) will grow by 8 percent
  C) will grow by 2 percent
  D) will change by an unknown percentage

Question 2

The cyclical deficit is that portion of the deficit
 
  a. that results from the economy being below the natural rate of output.
  b. that would exist even if the economy were at its natural rate of output.
  c. is a function of the level of automatic stabilizers.
  d. both a and c.
  d. None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
Reply #2 on: Jun 30, 2018
Correct answers!


kingdude89

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Romanesque capital showing Samson and the lion (13th century). Romanesque capital showing Samson and the lion (13th century).
Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ... Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ...
Urban Growth and Urban Flight Urban Growth and Urban Flight
Secondary growth Secondary growth
Yearly growth of tree trunk (cross-section) Yearly growth of tree trunk (cross-section)
Abnormal tissue growth and cancer development Abnormal tissue growth and cancer development
Video: Structures that affect circulation - kidneys and blood volume and skeletal muscle pumping

For a complete list of videos, visit our video library