During the postbellum period, per capita real output could not keep pace with population growth
Indicate whether the statement is true or false
False
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In a country with a working-age population of 100 million, 70 million workers are employed and 5 million workers are unemployed. What is the labor force participation rate?
A) 70 percent B) 5 percent C) 75 percent D) 7 percent
Most MNEs generate a large portion of their revenues in their home regions.
a. true b. false
Long-run growth is sustainable if:
A. it can continue in the face of limited natural resources and the impact of growth on the environment. B. people continue to buy enough goods and services. C. energy prices are low. D. environmental concerns are ignored during global recessions.
Why is it important to use real GDP rather than nominal GDP figures when making comparisons of output across time periods?
A. The real GDP figures are a better measure of changes in the general level of prices. B. The real figures will reflect changes in the quantity of output and not changes in the general level of prices. C. The real figures will reflect changes in the general level of prices as well as changes in the quantity of output. D. The real GDP figures adjust for changes in the level of employment.