What Will a Rapid Increase in the Number of Workers

question 39

Multiple Choice

What will a rapid increase in the number of workers, other things the same, likely do in the short term?

• A) raise real GDP per person but decrease real GDP
• B) decrease both real GDP and real GDP per person
• C) raise both real GDP and real GDP per person
• D) raise real GDP but decrease real GDP per person

Identify the specific grants of power to the national government and their sources.

Comprehend the structure and division of Congress.

Recognize the intentions of the founders regarding the distribution of power within the national government.

Grasp the legislative process, including bill reporting and committee involvement.

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Definitions:

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often indicated by a rise in real GDP (Gross Domestic Product).

Savings Rate

The fraction of disposable income that is saved instead of spent on various goods and services.

Productivity Rate

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in a given time period.

Savings Rate

The proportion of income that is saved rather than spent over a specific period.