This topic contains a solution. Click here to go to the answer

Author Question: If a nation remains poor over time, it could be that: a. c and e. b. d and e. c. the population ... (Read 44 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
If a nation remains poor over time, it could be that:
 a. c and e.
  b. d and e.
  c. the population growth rate is at least as much as the national GDP growth rate.
  d. the per capita real GDP growth rate is larger than the population growth rate.
  e. the national real GDP growth rate is lower than the population growth rate.

Question 2

Long-run full-employment equilibrium assumes:
 a. a downward-sloping production function.
  b. a downward-sloping long-run supply curve (LRAS).
 c. the CPI index price level equals the equilibrium wage rate.
 d. the CPI equals aggregate demand (AD) equals short-run aggregate supply (SRAS) equals long-run aggregate supply (LRAS).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ms_sulzle

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

a

Answer to Question 2

d




vHAUNG6011

  • Member
  • Posts: 514
Reply 2 on: Jun 30, 2018
Gracias!


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

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.

For a complete list of videos, visit our video library