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

Author Question: The main cause of low per capita income is ________. A) a low level of capital B) a small ... (Read 55 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
The main cause of low per capita income is ________.
 
  A) a low level of capital
  B) a small workforce
  C) low productivity of capital and labor
  D) slow growth of capital and labor shares of income
  E) none of the above

Question 2

New Keynesian economists believe that nominal wages and prices respond ________ to shocks, and classical economists believe that nominal wages and prices respond ________ to shocks.
 
  A) quickly; quickly
  B) quickly; slowly
  C) slowly; quickly
  D) slowly; slowly


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Yixagurpuldink

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


jake

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Jossy

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Single-gene inheritance tracked at the DNA level Single-gene inheritance tracked at the DNA level
Structure of a small nuclear RNA (snRNA) Structure of a small nuclear RNA (snRNA)
Ethnic Fractionalization versus GDP per Capita Ethnic Fractionalization versus GDP per Capita
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
Ice Age Sea Level Ice Age Sea Level
Estimates of the dates of origin and extinction of the three main groups of hominins (green, blue, a Estimates of the dates of origin and extinction of the three main groups of hominins (green, blue, a
Video: Physiology of Asthma

For a complete list of videos, visit our video library