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Author Question: If real GDP is increasing more rapidly than population: a. population must be declining. b. the ... (Read 110 times)

Mr3Hunna

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on: Jun 30, 2018
If real GDP is increasing more rapidly than population:
 a. population must be declining.
  b. the country will have to export more than it imports.
  c. the general level of prices must be increasing.
  d. per capita real GDP will be increasing.

Question 2

In the aggregate expenditures model, if an economy operates below equilibrium GDP, there will be unplanned inventory depletion.
 a. True
  b. False
  Indicate whether the statement is true or false


chevyboi1976

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  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


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