Multiple Choice
Real GDP per person can increase:
A) only if the share of the population employed increases.
B) only if the share of the population employed decreases.
C) only if average labor productivity increases.
D) if the share of population employed and/or average labor productivity increases.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Physical capital is the:<br>A)factories and machinery used
Q3: The introduction of an overnight delivery service
Q4: Mike and Tom debone chicken breasts for
Q5: Arguments that economic growth must be constrained
Q6: Growth of real GDP per person is
Q7: Growth in real GDP per capita has:<br>A)been
Q8: In the long run, increases in output
Q9: More economic growth is not necessarily better
Q10: Which of the following is consistent with
Q11: Gamma has $30,000 of capital per worker,