If real GDP per capita was $10,000 in 1990 and $15,000 in 2000, then the amount of economic growth isПитання 9Виберіть одну відповідь:a.50 percentb.3.3 percentc.5.0 percentd.0.5 percent

If real GDP per capita was $20,000 in 1980 and $21,000 in 1990, then we conclude that the standard of living has increasedПитання 3Виберіть одну відповідь:a.50 percentb.0.5 percentc.5.0 percentd.3.3 percent

Economic growth isПитання 7Виберіть одну відповідь:a.shared equally among the populationb.critical in determining the standard of living in a nationc.measured by the number of businesses in the economyd.measured by the amount of government spending

Economic growth has occurred if the:Group of answer choicesInflation rate between this year and last year is zero or less.GDP this year exceeds the real GDP this year.The unemployment rate this year is above the natural rate of unemployment.Real GDP this year exceeds the real GDP of last year.

Suppose the GDP deflator was 110 in 2017 and 115 in 2018. If nominal GDP is $100 billion in 2001 and $110 billion in 2002, then the growth rate of real GDP in 2018 is equal toCorrect!  5.2%   -4.3%   5.5%   -0.6%

Which of the following will result in economic growth?Питання 5Виберіть одну відповідь:a.A decrease in the unemployment rateb.An increase in the unemployment ratec.A decrease in the populationd.An increase in the size of the labor force