Which of the following is the formula for the potential growth rate?
A. The short-term growth rate plus the long-term aggregate productivity growth rate
B. The short-term growth rate plus the long-term productivity growth rate
C. The short-term aggregate growth rate minus the long-term productivity growth rate
D. The long-term labor force growth rate plus the long-term productivity growth rate
Answer: D
You might also like to view...
In many political elections, states often hold a primary election, and the winners of the primary election face off in the general election. This method of voting is called a ________ election
Fill in the blank(s) with correct word
If a firm has established monitoring devices that have a 50% chance of detecting shirking, and an employee gains $5,000 from shirking, the employer can deter shirking by having employees post a bond equal to
A) $2,500. B) $5,000. C) $10,000. D) $50,000.