2.if the government uses tax money to pay for long-term Investments such as roads or other infrastructure what happens to the ec
onomy.? A- investment decreases B- investment increases C- taxes increase D- taxes decrease 3. what is 1 way to measure technological progress? A- any increases in capital minus increases in labor B- any increases in labor minus increases in capital C- total growth plus increases and capital and labor D- total growth minus increases in capital and labor 4. what is the labor productivity? A- the total number of workers in an economy B- the amount of output produced per worker C- the total amount of work produced in an economy D- the average training per worker 5. how can a trade deficit actually increase the productivity of an economy? A- by causing people to save B- by building up a large amount owed C- by importing funds used for Capital deepening D- by importing goods for short term use 6. real GDP. A- distorts the price level in the GDP B- expresses GDP in constant prices C- measures only intermediate Goods D- is another term for GNP 7. the average of all prices in the economy is the A- aggregate supply B- aggregate demand C- price level D- gross national product 8. what is a business cycle? A- a period of increased economic growth B- a period of economic growth followed by economic contraction C- the amount of time it takes a business to produce its products D- a dangerous time for all businesses 9. the period in a business cycle when real GDP stops falling is A- expansion B- Peak C- contraction D- trough 10. what is a recession A- it. When real GDP Falls for at least 6 months B- a long and severe depression C- a very mild and short expansion D- a. a period of when the economy is neither expanding nor Contracting
Answer: The correct sequence is 2.- B 3.- D 4.- B 5.- C 6.- B 7.- C 8.- B 9.- D 10.- A
Explanation: 2.- When there is government investment there is more money in the economy and more investment. 3.- That's the formula 4.- it is a ratio 5.-Productivity can be increased by bringing new machinery for example as new capital that comes into the economy. 6.-constant prices incorporate the variation of inflation. 7.-that is the definition 8.-that is exactly what a business cycle is expansion and contraction. 9.-Peak is when it is going down afterwards, though is when it is going up afterwards. 10.- If GDP is falling for 6 months it is a recession
Many Americans worried that citizens of Japanese ancestry would act as spies or saboteurs for the Japanese government. Fear — not evidence — drove the U.S. to place over 127,000 Japanese-Americans in concentration camps for the duration of WWII. Over 127,000 United States citizens were imprisoned during World War II.