There Is a Rise in Labor Productivity in the Economy

question 162

Multiple Choice

There is a rise in labor productivity in the economy.As a result,in the short run Real GDP __________ and the price level __________.

• A) rises; falls
• B) falls; rises
• C) falls; falls
• D) rises; rises
• E) remains constant; remains constant

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Definitions:

First Grade

The initial grade of primary education in many schooling systems, following kindergarten and typically involving children aged six to seven.

Assassinated

refers to the act of deliberately killing someone, especially a prominent or public figure, for political or ideological reasons.

Eidetic Imagery

The ability to recall images, sounds, or objects in memory with high precision for a few minutes without using mnemonics; often referred to as photographic memory.

Analogy

An examination of the similarities or differences between two items, usually to explain or make something clearer.