Multiple Choice
From 1965 to 1990,US economic output,adjusted for inflation,quadrupled while the population doubled. This means that output per person
A) rose by a factor of 8
B) fell by 50%
C) doubled
D) remained constant
E) increased 200%
Correct Answer:

Verified
Correct Answer:
Verified
Q2: A general definition of economics is the
Q3: Macroeconomics differs from microeconomics in that<br>A) microeconomics
Q4: Which of the following is an historically
Q5: The fundamental problem of economics is<br>A) that
Q6: Which of the following is not a
Q7: Which of the following is not a
Q8: Which of the following is not a
Q9: Modern market economies allocate resources primarily through<br>A)
Q10: Which of the following is probably the
Q11: Macroeconomics and microeconomics are complementary in that<br>A)