Which of the following factors are important in the determination of growth rates of output in the intermediate run?
a. Variations in the rates of capital formation.
b. Changes in population growth.
c. Changes in money growth.
d. All of the above.
e. None of the above.
A
Economics
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During a recession, output declines result in
A) lower unemployment in the economy. B) higher unemployment in the economy. C) no impact on the unemployment in the economy. D) higher wages for the workers.
Economics
In describing the economic setting in the real goods market, which of the following economic measures is the most helpful?
a. Percentage change in nominal GDP during the past year b. Current unemployment rate and labor force participation rate c. Annual inflation rate during the past year d. Current real exchange rate e. Current nominal exchange rate
Economics