Multiple Choice
Which of the following is an example of a cost incurred in generating higher levels of GDP per capita?
A) A high level of investment in infrastructure.
B) An increase in worker productivity from improved health and education services.
C) A high number of hours worked per week.
D) An increase in innovation that aids the development of new products.
Correct Answer:
Verified
Correct Answer:
Verified
Q68: If an economy has a volatile in?ation
Q69: A retailer sells a good to a
Q70: The inflation rate is measured as _.<br>A)
Q71: Menu costs are the costs of changing
Q72: Demand pull in?ation can be caused by:<br>A)
Q74: If the nominal rate of interest is
Q75: The output method of measuring GDP is
Q76: A policy implication of the downward-sloping Phillips
Q77: The unemployment that resulted when the typewriter
Q78: How do governments manage the economy by