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Author Archives: Anonymous

When production in an economy grows more quickly than the po…

When production in an economy grows more quickly than the population in that economy, which of the following must be occurring?

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Refer to Table 10-2. Using the table above, what is the appr…

Refer to Table 10-2. Using the table above, what is the approximate growth rate of real GDP from 2015 to 2016?

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The demand for loanable funds is determined by the willingne…

The demand for loanable funds is determined by the willingness of ________ to borrow money to engage in new investment projects.

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Suppose the government launches a successful advertising cam…

Suppose the government launches a successful advertising campaign that convinces workers with high school degrees to quit their jobs and become full time college students. This would cause

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An increase in unemployment insurance payments would, in eff…

An increase in unemployment insurance payments would, in effect, ________ the amount of time spent searching for a job, which would increase ________ unemployment.

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Refer to Table 10-2. Using the table above, what is the appr…

Refer to Table 10-2. Using the table above, what is the approximate growth rate of real GDP from 2015 to 2016?

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The per-worker production function has a ________ slope, ind…

The per-worker production function has a ________ slope, indicating that increases in capital per hour worked ________ real GDP.

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Refer to Table 10-2. What is the approximate average annual…

Refer to Table 10-2. What is the approximate average annual growth rate of real GDP from 2015 to 2018?

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Refer to Table 9-1. The labor force participation rate for t…

Refer to Table 9-1. The labor force participation rate for this simple economy equals

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The per-worker production function has a ________ slope, ind…

The per-worker production function has a ________ slope, indicating that increases in capital per hour worked ________ real GDP.

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