how do gains in worker productivity lead to gains in per capita GDP a- As workers produce more, their wages will rise an d they will have more disposable income for consumption, leading to a rise in GDP per capita. b- The amount a worker can produce

A country's standard of living is best measured by O the population growth rate. O real GDP. O real GDP per capita. the inflation rate, ASUS

4. How is GDP per capita calculated differently from labor productivity? 5. How do gains in labor productivity lead to gains in GDP per capita? 6. What is an aggregate production function?

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71.Improvements in nutrition and health care typically increase life expectancies and decrease mortality rates , but don't increase the rate of population growth . T F

QUESTION 23 Which of the following activities won't be registered at their market values in the current year GDP You clean your apartment You cook for yourself at home chicken parmešan a. b. C. You help a friend studying math for an upcoming exam d. All of the above O a O b d. QUESTION 24 Robert, an American citizen, buys a computer made in China for $1.000 to use in his editing business. Therefore, a. investment increases in $1.000 and net exports decreases in $1.000 b. consumption increases in $1.000 and net exports decreases in $1.000 C. investment increases in $1.000 and net exports increases in $1.000 d. consumption increases in $1.000 and net exports increases in $1.000 O a Ob O c

Assume there are 100 workers and each worker produces 100 outputs. If the workforce is growing by 1% a year but productivity does not improve, how fast can output increase?

When Main Street Bank buys new automatic teller machines, the quantity of land and natural resources labor O physical capital entrepreneurial ability, technology, and ideas in the economy increases.

Last year real GDP per person in the imaginary nation of Olympus was $4,260. The year before it was $4,100. By about what percentage did real GDP per person grow during the period? a. 1 percent b. 0.04 percent c. 16 percent d. 4 percent

Could a country experience a fall in population and a rise ib real gdp at the same time