Multiple Choice
If the economy's output and income double in 35 years, we can:
A) not say anything about the average annual rate of growth.
B) conclude that its average annual rate of growth is about 5.5 percent.
C) conclude that its average annual rate of growth is about 2 percent.
D) conclude that its average annual rate of growth is about 4 percent.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: _ shocks are unexpected changes in the
Q2: In response to an unexpected change in
Q3: The short-run fluctuations in output and unemployment
Q4: To explain the short-run fluctuations in the
Q6: Which of the following countries had the
Q7: A well-functioning financial system helps to promote
Q8: Economic growth is best defined as the:<br>A)increase
Q9: Before the start of the Industrial Revolution
Q10: To keep track of long-run growth and
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