The growth rate of potential GDP is the sum of the growth rates of
A) labor force and population.
B) labor force and labor productivity.
C) labor force and capital stock.
D) labor productivity and capital stock.
Correct Answer:
Verified
Q78: A nation's growth rate can be increased
Q79: Labor productivity is calculated by dividing GDP
Q80: Adding together the growth rate of labor
Q81: As the unemployment rate rises,
A)real GDP also
Q82: Throughout the period from 1996 to 2010,
Q84: A new technological innovation would increase
A)the labor
Q85: Potential GDP would decrease if
A)technical progress improves.
B)capital
Q86: If part of the labor force is
Q87: Faster economic growth imposes an opportunity cost
Q88: Over long periods of time, the growth
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