Other things the same, in the Solow model in the steady state, a higher rate of population growth ________ growth rate of output per worker

Observers of the economy often complain that indicators of economic activity are often contradictory. This is an example of the ________ lag

A) data B) recognition C) legislative D) effectiveness

Over the last few decades, Americans have chosen to cook less at home and eat more at restaurants. This change in behavior, by itself, has

a. reduced measured GDP. b. not affected measured GDP. c. increased measured GDP only to the extent that the value of the restaurant meals exceeded the value of meals previously cooked at home. d. increased measured GDP by the full value of the restaurant meals.