The Trend Path of GDP Can Change Because of Efficiency

question 46

Multiple Choice

The trend path of GDP can change because of efficiency improvements, which can result from

• A)decreases in the unemployment rate
• B)increases in the rate of capacity utilization
• C)changes in knowledge
• D)decreases in waste
• E)all of the above

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Definitions:

Incidence Of Depression

The rate at which new cases of depression occur in a population over a specific period of time.

Work Hours

The amount of time an individual spends on occupational tasks or duties within a specific period.

Americans

People originating from or residing in the United States of America.

Increase

To become larger or greater in size, amount, number, or degree.