When production in an economy grows more quickly than the population in that economy, which of the following must be occurring? A. Incomes are growing at a slower rate than the population. B. Real GDP is falling. C. Real GDP per capita is constant. D. Real GDP per capita is rising. E. Living standards are falling.
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When production in an economy grows more quickly than the population in that economy, which of the following must be occurring?
A. Incomes are growing at a slower rate than the population.
B. Real
GDP is falling.C. Real GDP per capita is constant.
D. Real GDP per capita is rising.
E. Living standards are falling.
QUESTION 18
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If immigration laws become more strict and many foreign citizens are not allowed to work and are forced to leave the United States,
A. there is a movement down along the
aggregate supply curve .B. the potential GDP curve will shift to the right.
C. the aggregate demand curve will shift to the left.
D. there is a movement up along the aggregate supply curve.
E. the potential GDP curve will shift to the lef
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