Multiple Choice
Which of the following is a benefit of long-run economic growth?
A) growth in nominal GDP greater than real GDP
B) decreased productive capacity
C) a greater ability to reduce inequality
D) increased future interest rates
E) decreased current saving and increased current consumption
Correct Answer:
Verified
Correct Answer:
Verified
Q32: Consider the following table for a hypothetical
Q33: The growth of "total factor productivity," or
Q34: The Neoclassical growth model assumes that with
Q35: The diagram below show the market for
Q36: Consider a closed economy with real GDP
Q38: Consider the long-run theory of investment,saving,and growth.For
Q39: The diagram below show the market for
Q40: The four major determinants of economic growth
Q41: Which of the following is a common
Q42: The table below shows aggregate values for