Productivity in the services industry may be underestimated because ____ may not be taken into account
a. the labor costs of providing a service
b. the quantity of the service produced
c. the capital costs of providing a service
d. the prices charged by service industries
e. the quality of the service provided
e
Economics
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The growth rate of real GDP per person in the United States has
A) averaged approximately 2 percent per year over the past century. B) has consistently been 2 percent per decade over the past century. C) has been the highest in the world over the past 5 decades. D) has increased every year over the past century.
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The increased use of PayPal will decrease the velocity of money
a. True b. False Indicate whether the statement is true or false
Economics