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Alex17521 [72]
4 years ago
5

If over a short time there is an increase in the number of people retired and a decrease in the number of people working, then p

roductivity a. rises but real GDP per person falls b. and real GDP per person rise. c. falls and real GDP per person rises. d. and real GDP per person fall.
Business
1 answer:
lesantik [10]4 years ago
6 0

Answer:

a. rises but real GDP per person falls

Explanation:

Gross domestic product is the total monetary value of output that is produced by an economy in a given period.

GDP increases as the income increases. This is because people have more money to spend on goods and services.

So if people are retiring they will earn pension that will be spent. This increases productivity of the economy.

However since the number of people working is reducing there will be a reduction in real GDP per person. Only few people are producing and output will be allocated to a large population many of whom are not working.

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Answer:

Occupational Safety & Health Administration (OSHA)

Explanation:

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3 years ago
This graph compares the cost of an education at different institutions in Texas.
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Answer:

private universities can cost three times as much to attend as public universities.

Explanation:

Private universities are more expensive to attend compared to public universities. As per the graph, the public university is cost 7,000 while private university costs 23,000 to attend.  It is then correct to say that private universities cost more than three times as public universities ( 23,000/7,000= 3.29).

Community college costs 9000, while technical schools cost 4000; the cost is not five times more.

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4 years ago
What does the phrase "on the market" describe? A. Plans for making commodities available for sale or trade B. Ways producers com
vladimir2022 [97]

Answer:

<u>A. Plans for making commodities available for sale or trade</u>

Explanation:

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  • This involves the plans for buying and selling in the market to get a good amount of returns. Off the market means the properties that are for sale but are not available for the purchase. Hence the products are based on the availability of the market conditions.
4 0
3 years ago
Read 2 more answers
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Which of the following would a macroeconomist consider as investment? A. Marisa purchases a bond issued by Proctor and Gamble Co
storchak [24]

Answer:

The correct answer is (B)

Explanation:

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3 years ago
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