As the number of concrete workers in the United States falls, the wage paid to the remaining concrete workers will necessarily fall as well

Which of the following statements is NOT true about using per capita real GDP to measure a nation's economic growth?

A) The definition does not indicate how the increase in growth is being disturbed among the nation's population. B) The definition assumes that some of the increase in productivity goes to the poor. C) The definition is not perfect for measuring increases in a nation's productive capacity. D) The definition has understated actual economic growth because it does not take into consideration changes in leisure.

Under a fractional reserve banking system,

A) banks keep a fraction of their reserves on hand as deposits. B) banks keep all of their reserves on hand as deposits. C) banks keep a fraction of their deposits on hand as reserves. D) banks keep all of their deposits on hand as reserves.