Which of the following measures the growth rate of an economy?
A) The percentage change in real GDP from one period to another.
B) Investment as a percentage of GDP.
C) Real GDP divided by nominal GDP.
Correct Answer:
Verified
Q24: The employment rate is measured as the
Q25: The process of economic growth is
A)Not affected
Q26: Assume the real U.S.GDP in 1998 was
Q27: Assume the real U.S.GDP in 1997 was
Q28: If the number employed grows faster than
Q30: The number of years it takes for
Q31: Ceteris paribus,if the employment rate is rising,the
Q32: GDP per capita is
A)The population divided by
Q33: Using the rule of 72,determine how long
Q34: Approximately how long would it take for
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