Which of the following will not increase a nation's real GDP?
A. number of workers
B. average price level
C. technological progress
D. labor productivity
Answer: B
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What is the difference between a fixed exchange rate system and a managed float exchange rate system?
What will be an ideal response?
Refer to Figure 3-4. If the price is $15
A) there would be a shortage of 400 units. B) there would be a surplus of 300 units. C) there would be a surplus of 400 units. D) there would be a shortage of 300 units.
How does moral hazard contribute to high bank leverage?
What will be an ideal response?
The existence of differences between the average earnings of men and women
a. proves the existence of economic discrimination. b. may be partially due to factors other than economic discrimination. c. proves that men on average invest more in their human capital than women do. d. indicates that men are on average smarter than women.