According to Gordon, which of the following is NOT a plausible explanation for a decrease in the measured growth of capital per worker in the United States after 1973?
A) higher inflation causes overtaxation and discourages saving
B) increased labor force participation by women
C) slower growth in the capital stock
D) lower real wages in response to supply shocks in the 1970s
A
Economics
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Changes in the GDP deflator reflect only changes in the prices of goods and services
a. True b. False Indicate whether the statement is true or false
Economics
The P/E ratio, or price to earnings ratio of a stock, can be computed using which of the following formulas?
A. (Price of stock share) ÷ (Earnings per share). B. (Earnings per share) ÷ (Price of stock share). C. (Price of stock share) ÷ (Revenue per share). D. (Revenue per share) ÷ (Price of stock share).
Economics