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 154 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?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

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?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Animal extinctions and human population growth. Animal extinctions and human population growth.
Stages of Labor Stages of Labor
Conditions Required for Bacterial Growth Conditions Required for Bacterial Growth
Population Growth Versus Stability Population Growth Versus Stability
Contribution of enthalpy and entropy to several favorable processes Contribution of enthalpy and entropy to several favorable processes
Growth of a Renewable Resource Growth of a Renewable Resource
Video: baroreceptors

For a complete list of videos, visit our video library