Solved

Assume an Economy Experiences, for a Given Period, a 4

Question 15

Multiple Choice

Assume an economy experiences, for a given period, a 4% increase in output and a 2% increase in productivity. Given this information, we know that which of the following occurred for this economy during this economy?


A) The employment growth rate is negative during this period.
B) The effects on employment are ambiguous.
C) Employment has increased during this period.
D) Employment has decreased during this period.
E) Employment has not changed during this period.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions