On average, since 1900 U.S. output has grown roughly ________ times faster than population growth.

A. 3
B. 4
C. 2
D. 5


Answer: A

Economics

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What will be an ideal response?

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The difference in economic growth in North Korea and South Korea can be primarily attributed to differences in ________

A) the proximate causes of prosperity B) geography C) culture D) institutions

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Suppose that the share of population employed in Country B is 50 percent, and that Countries B and C have the same real GDP per capita. Based on the information in the table, what share of Country C's population must be employed?  CountryPopulation (millions)Average Labor Productivity ($)A1002,000B15010,000C7525,000D25050,000E9560,000

A. 5.0 percent B. 20.0 percent C. 50.0 percent D. 40.0 percent

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The market mix of output and the optimal mix of output are always the same.

Answer the following statement true (T) or false (F)

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