Real GDP grows when
I. the quantities of the factors of production grow.
II. persistent advances in technology make factors of production increasingly productive.
III. human capital grows.
A) only I
B) both I and III
C) only II
D) I, II, and III
Correct Answer:
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Q127: An increase in the population and hence
Q128: Q129: The U.S. employment-to-population ratio peaked in 2000 Q130: Labor growth depends mainly on _ and Q131: An increase in the working-age population results Q133: Q134: An increase in a nation's population results Q135: When the population increases with no change Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
