A person weighing uncertainty and risk is judging the ______ or likelihood of a good or bad outcome,

What is meant by real Gross Domestic Product? How do you think that you calculate a real statistic?

What will be an ideal response?

If productivity growth equals 3.0 percent, the contribution from capital growth 1.2 percent and the contribution from labor growth 2.0 percent, then output growth must equal ________

A) 2.2 percent B) 4.2 percent C) 6.2 percent D) 7.2 percent