Multiple Choice
The two major reasons for the tremendous growth in output in the U.S.economy over the last 125 years are
A) population growth and low inflation.
B) population growth and increased productivity.
C) low unemployment and low inflation.
D) low inflation and low trade deficits.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: The primary factor that caused most economists
Q23: Keynes assumed that wages and prices were
Q24: The two most comprehensive,widely accepted macroeconomic models
Q25: Match each of the following jobs to
Q26: The number of unemployed divided by the
Q28: Positive analysis of economic policy<br>A)examines the economic
Q29: In the United States,monetary policy is determined
Q30: Compare and contrast the classical and Keynesian
Q31: Using the CPI measure of the price
Q32: The main goal of macroeconomic research is