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 136 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?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
Growth in Closed Economies Growth in Closed Economies
Role of Productivity in Determining Growth, 1975–2009 Role of Productivity in Determining Growth, 1975–2009
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Human Population Growth Human Population Growth
Secondary growth Secondary growth
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library