Homework Answers
Add Answer to:
Economic growth is 21 O A. a sustained expansion of the population. B. a sustained expansion...
Sustained economic growth can be achieved with growth rate over 8% to rapidly boost an economy....
Sustained economic growth can be achieved with growth rate over 8% to rapidly boost an economy. has not been achieved by most countries in the 20th century. is key because over a long period of time small yearly growth rate compound China had special economic zones originally in places such as Hong Kong and Shenzhen set up back in the 1980s. Why would the Chinese government support these areas with different rules like no tax on trade or different economic...
a. Brazil's real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014....
a. Brazil's real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014. Brazil's population was 198 million in 2013 and 200 million in 2014. Calculate: i. The growth rate of real GDP. ii. The growth rate of real GDP per person. iii. The approximate number of years it takes for real GDP per person in Brazil to double if the 2014 growth rate of real GDP and the population growth rate are maintained. b. The IMF...
knewton.com yestin hgrowth perore the industrian Revoltioity Which of the following applies to economic growth? 1....
knewton.com yestin hgrowth perore the industrian Revoltioity Which of the following applies to economic growth? 1. Economic growth allows people to buy more goods and services. 2. Economic growth is the expansion of the economy's production possibilities. 3. Economic growth is represented by a movement from a point inside the production possibilities curve to a point on the curve. Select the correct answer below: O 1, 2, and 3 0 1 and 2 only 0 1 and 3 only O...
Economic growth equals the percentage change in real GDP minus the a) percentage change in the...
Economic growth equals the percentage change in real GDP minus the a) percentage change in the price level and the federal budget deficit b)percentage change in the price level and the growth rate of the population c)percentage change in the price level d)growth rate of the population
Identify the correct statement. a. Neither the initial development process nor the sustained growth of an...
Identify the correct statement. a. Neither the initial development process nor the sustained growth of an economy is dependent on a large natural resource base. b. An increase in labor input necessarily increases output per capita. c. Economic growth is usually measured by the annual percent change in the nominal output of goods and services per capita. d. Improvements in and greater stocks of land, labor, capital, and entrepreneurial activity shift the production possibilities curve inward. Oe. According to the...
QUESTION 15 As the economy nears the end of an expansion, which of the following do...
QUESTION 15 As the economy nears the end of an expansion, which of the following do we typically see? A. rising firm profits B. rising levels of firm investment C. rising interest rates D. falling wages relative to output prices 4 points QUESTION 16 If you spend more of your income on consumption goods, which of the following will occur? A. The production of investment goods will fall. B. Economic growth will be stimulated. C. Investments in education will rise....
Use the production possibilities frontier (PPF) to demonstrate economic growth. 1. With consumption goods on one...
Use the production possibilities frontier (PPF) to demonstrate economic growth. 1. With consumption goods on one axis and capital goods on the other, show how the combination of goods selected this period affects the PPF in the next period. 2. Extend this comparison by choosing a different point on this period’s PPF and determining whether that combination leads to more or less growth over the next period.
11. The business cycle is a. a very deep and prolonged economic downturn (recession or depression)....
11. The business cycle is a. a very deep and prolonged economic downturn (recession or depression). b. the short-run economic fluctuations between expansions (inflationary gaps) and contracts (recessionary gaps). c. a period in which output and employment are rising d. a period in which output and employment are falling 2. If the price level and nominal GDP both doubled, then real GDP would a. increase by half. b. also double. C. remain unchanged. d. decrease by half. 3. The chain-weight...
Blank #1: $261,120 or $3,264,000 or $3,525,120 or $6,789,120? Blank #2: $336,800 or $16,840,000 or $17,176,800...
Blank #1: $261,120 or $3,264,000 or $3,525,120 or
$6,789,120?
Blank #2: $336,800 or $16,840,000 or $17,176,800 or
$34,016,800?
Blank #3: 9, 11, or 36?
Blank #4: 3, 9, or 36?
Blank #5: $11, $21, or $565?
Blank #6: $11, $21, or $1,134?
T/F
1. Defining economic growth and the rule of 72 Aa Aa E The real GDP and population data for two hypothetical countries, Panchal and Kosala, for the years 2010 and 2011 are given as follows. Real GDP...
Sustained growth is best achieved through which of the following? O Technological progress OB Increases in...
Sustained growth is best achieved through which of the following? O Technological progress OB Increases in the quality and amount of education OC. Population increases OD. Physical capital accumulation An aggregate production function shows OA the relationship between a country's output and its price level OB various combinations of labor and capital that can be used to produce a particular good OC. the relationship between a country's GOP and its factors of production OD various quantities of two goods that...
a. Brazil's real GDP was 1,180 trillion reais in 2013 and 1,202 trillion reais in 2014. Brazil's population was 198 million in 2013 and 200 million in 2014. Calculate: i. The growth rate of real GDP. ii. The growth rate of real GDP per person. iii. The approximate number of years it takes for real GDP per person in Brazil to double if the 2014 growth rate of real GDP and the population growth rate are maintained. b. The IMF...
knewton.com yestin hgrowth perore the industrian Revoltioity Which of the following applies to economic growth? 1. Economic growth allows people to buy more goods and services. 2. Economic growth is the expansion of the economy's production possibilities. 3. Economic growth is represented by a movement from a point inside the production possibilities curve to a point on the curve. Select the correct answer below: O 1, 2, and 3 0 1 and 2 only 0 1 and 3 only O...
Identify the correct statement. a. Neither the initial development process nor the sustained growth of an economy is dependent on a large natural resource base. b. An increase in labor input necessarily increases output per capita. c. Economic growth is usually measured by the annual percent change in the nominal output of goods and services per capita. d. Improvements in and greater stocks of land, labor, capital, and entrepreneurial activity shift the production possibilities curve inward. Oe. According to the...
11. The business cycle is a. a very deep and prolonged economic downturn (recession or depression). b. the short-run economic fluctuations between expansions (inflationary gaps) and contracts (recessionary gaps). c. a period in which output and employment are rising d. a period in which output and employment are falling 2. If the price level and nominal GDP both doubled, then real GDP would a. increase by half. b. also double. C. remain unchanged. d. decrease by half. 3. The chain-weight...
Blank #1: $261,120 or $3,264,000 or $3,525,120 or
$6,789,120?
Blank #2: $336,800 or $16,840,000 or $17,176,800 or
$34,016,800?
Blank #3: 9, 11, or 36?
Blank #4: 3, 9, or 36?
Blank #5: $11, $21, or $565?
Blank #6: $11, $21, or $1,134?
T/F
1. Defining economic growth and the rule of 72 Aa Aa E The real GDP and population data for two hypothetical countries, Panchal and Kosala, for the years 2010 and 2011 are given as follows. Real GDP...
Sustained growth is best achieved through which of the following? O Technological progress OB Increases in the quality and amount of education OC. Population increases OD. Physical capital accumulation An aggregate production function shows OA the relationship between a country's output and its price level OB various combinations of labor and capital that can be used to produce a particular good OC. the relationship between a country's GOP and its factors of production OD various quantities of two goods that...
Most questions answered within 3 hours.
-
Smartphones: A poll agency reports that 32% of teenagers aged
12-17 own smartphones. A random sample...
asked 55 seconds ago -
blood glucose level for obese patient population have
a mean of 100 with a standard deviation...
asked 29 minutes ago -
(a) A lightbulb has a resistance of 165 Ω when operating with a
potential difference of...
asked 10 minutes ago -
Questions
Submission Question 2: Stacks
Problem
Write a program that keeps track of where cars are...
asked 9 minutes ago -
Using α = 0.05, test if the mean weight change
is less than 0 if a...
asked 28 minutes ago -
JAVA
Lab -Lottery Calculator
IMPORTANT: This lab is best implemented using a loop structure.
If you...
asked 15 minutes ago -
A diver springs upward with an initial speed of 2.1 m/s from a
3.5-m board.
(a)...
asked 24 minutes ago -
In an isobaric compression process, the volume of steam is
reduced from 1 Mpa and 773...
asked 28 minutes ago -
Which of the following mutations is MOST likely to be
recessive?
A.
Deletion of a haplo-insufficient...
asked 33 minutes ago -
The U.S. Department of Transportation, National Highway Traffic
Safety Administration, reported that 77% of all fatally...
asked 45 minutes ago -
For 1 through 11, create an expression using the relational
operators, the logical operators, and variable...
asked 58 minutes ago -
Remove all recursion from the following grammar:
S -> Aa | Bb
A -> Aa |...
asked 51 minutes ago