When the population increases with no change in labor productivity, employment ________ and potential GDP ________

A) decreases; decreases
B) increases; increases
C) decreases; increases
D) increases; decreases

B

Economics

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"Fluctuations in exchange rates, other things remaining the same, creates a situation in which money buys the same amount of goods and services in different currencies

" What does the previous statement describe? Will these fluctuations occur in the short run or the long run?

Economics

Those economists who attempt to explain why wages and prices do not freely adjust would most likely be

A) real business cycle theorists. B) new classical economists. C) new Keynesian economists. D) new growth theorists. E) none of the above

Economics