
Which of the following has not been a long-term trend in the Australian economy since 1901?
A) increasing nominal GDP
B) increasing real GDP
C) increasing unemployment rates
D) increasing real GDP per capita
Correct Answer:
Verified
Q5: When the capital stock per hour worked:
A)increases,
Q6: Which of the following is the best
Q7: Suppose that real GDP for 2017 was
Q8: The only way the standard of living
Q9: If GDP grew 3% in 2015, 2.8%
Q11: If GDP is currently $13 trillion and
Q12: If GDP grows at a rate of
Q13: 'Labour productivity' is the quantity of:
A)output that
Q14: Which of the following describes the growth
Q15: Over the past 100 years, economic growth
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