If a country has a 4 percent annual growth in real Gross Domestic Product (GDP) and a one percent growth in population, its per capita growth of real GDP is

In 2003, the Social Security tax was around _____ of total federal taxes

a. 17 percent b. 26 percent c. 31 percent d. 39 percent

Long-run full-employment equilibrium assumes: a. a downward-sloping production function. b. a downward-sloping long-run supply curve (LRAS)

c. the CPI index price level equals the equilibrium wage rate. d. the CPI equals aggregate demand (AD) equals short-run aggregate supply (SRAS) equals long-run aggregate supply (LRAS).