{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Pre-Test Chapter 7 ed17

# Pre-Test Chapter 7 ed17 - Pre-Test Chapter 7 ed17 Multiple...

This preview shows pages 1–3. Sign up to view the full content.

Prof Keep Econ Chap 7 ed 17 Pre-Test Chap 7 Page 1 of 5 Pre-Test Chapter 7 ed17 Multiple Choice Questions 1. Real GDP per capita: A. cannot grow more rapidly than real GDP. B. cannot grow more slowly than real GDP. C. necessarily grows more rapidly than real GDP. D. can grow either more slowly or more rapidly than real GDP. 2. In which of the following industries or sectors of the economy is output likely to be most strongly affected by the business cycle? 3. (Last Word) Declines in stock prices measured by the Dow Jones average: 4. If the U.S. unemployment rate is 9 percent, we can infer that: 5. If Fred's annual real income rises by 8 percent each year, his annual real income will double in about: A. 8-9 years. B. 10-11 years. C. 5-6 years. D. 19-20 years. 6. If a nation's real GDP is growing by 5 percent per year, its real GDP will double in approximately:

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Prof Keep Econ Chap 7 ed 17 Pre-Test Chap 7 Page 2 of 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern