Chapter 13 Why Do Economies Grow?

Question
13.1 Economic Enlargement Trounces

1) According to the passage, ________ is may-be the most momentous sight of a country’s economic enterprise.

A) enlargement in GDP

B) the inflation trounce

C) the unemployment trounce

D) the living standard

2) An development in a country’s principal fund not attributable attributable attributable attributable attributable-absolute to its exertion validity is unconcealed as

A) principal deepening.

B) principal enlargement.

C) principal amendment.

D) principal enhancement.

3) Technological journey occurs when the management gets further output

A) externally any further principal or work.

B) by using further principal per exertioner.

C) by using further principal save not attributable attributable attributable attributable attributable attributable further exertioners.

D) by using further work save not attributable attributable attributable attributable attributable attributable further principal.

4) GDP per capita media GDP

A) in actual conditions.

B) adjusted restraint inflation.

C) per individual.

D) disjoined by the principal fund.

5) Suppose actual GDP was 120 in year 1 and 156 in year 2. The enlargement trounce of actual GDP is

A) 5.6%.

B) 18%.

C) 30%.

D) 36%.

6) Suppose actual GDP was 100 in year 1 and 105 in year 2. The enlargement trounce of actual GDP is

A) 0.5%.

B) 1.5%.

C) 2.5%.

D) 5%.

7) If the enlargement trounce restraint GDP was 9% and GDP in year 1 was 100, then GDP in year 2 would be

A) 90.

B) 109.

C) 190.

D) 199.

8) If the enlargement trounce restraint GDP was 5% and GDP in year 1 was 140, then GDP in year 2 would be

A) 133.3.

B) 135.

C) 145.

D) 147.

9) Suppose that actual GDP starts at 100 and grows at a trounce of 10% per year restraint span years. In the third year actual GDP would be

A) 110.

B) 110.1.

C) 120.

D) 121.

10) Suppose that actual GDP starts at 200 and grows at a trounce of 9% per year restraint span years. In the third year actual GDP would be

A) 183.49.

B) 236.

C) 237.62.

D) 239.24.

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal