Holding everything else constant, if total factor productivity increases, the debt-to-GDP ratio will ________, and if the labor force growth rate increases, the debt-to-GDP ratio will ________

A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease

D

Economics

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In the above figure, if the price is P1 and the firm produced Q3, the firm's economic profit is ________ than if it produced Q1 and ________ than if it produced Q2

A) less; less B) less; more C) more; less D) more; more

Economics

The figure above shows the demand for and costs of producing Charlene's Chocolates. If Charlene's Chocolates is a monopoly that charges one price to all customers, then consumer surplus is ________ and it creates a deadweight loss of ________

A) $800; $400 B) $200; $100 C) $400; $200 D) $0; $200

Economics