Other things unchanged, which of the following would reduce the level of gross domestic product (GDP) in a country?
A) An increase in the country's stock of capital goods.
B) An improvement in managerial techniques.
C) An increase in the country's population.
D) An Increase in the country's investment in human capital.
Correct Answer:
Verified
Q2: Which of the following is a drawback
Q3: Which of the following is likely to
Q4: The difference between gross domestic product (GDP)
Q5: A retailer sells a good to a
Q6: If higher GDP stems from an increase
Q8: A decline in interest rates leads to
Q9: Double counting can be avoided by:
A) deducting
Q10: If there is an increase in aggregate
Q11: If there is an increase in aggregate
Q12: Which of the following statements is true?
A)
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