Multiple Choice
One basic way to boost the nation's growth rate is to
A) increase wages paid to labor.
B) slow the rate of technical progress.
C) reduce the population growth rate.
D) accumulate more capital
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: GDP equals hours of work times<br>A)labor force.<br>B)output
Q18: If wages rise by 12 percent at
Q31: When you subtract the expected rate of
Q44: During inflationary periods,<br>A)the real value of money
Q68: The growth rate of potential GDP is
Q88: A principal benefit of inflation is that
Q91: The fastest growing economy between 1870 and
Q101: In the analysis of potential GDP, labor
Q102: Distinguish between real rate of interest and
Q174: As the unemployment rate rises,<br>A)real GDP also