If a nation has a real GDP of $100,000 with 1,000 people, real GDP per capita would be $1,000 per person

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Technological progress makes the production possibilities frontier

A) shift inward toward the origin. B) become more linear and less bowed. C) shift outward from the origin. D) become less linear and more bowed.

Economics

The federal government began issuing inflation-indexed Treasury bonds in

A. 1913. B. 1989. C. 1997. D. 2001.

Economics