Essay
What are the major factors affecting the long-term growth of the economy's output?
Correct Answer:

Verified
The major factors ar...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q55: Before World War II,the average level of
Q56: A country has a trade deficit when<br>A)imports
Q57: The unemployment rate is the<br>A)number of unemployed
Q58: What is meant by aggregation? Why is
Q59: Equilibrium in the economy means<br>A)unemployment is zero.<br>B)quantities
Q61: When national output declines,the economy is said
Q62: Aggregation is the process of<br>A)calculating real GDP
Q63: Assumptions for economic theories and models should
Q64: The inflation rate is the<br>A)percent increase in
Q65: Short-run contractions and expansions in economic activity