q4 - OL_MACROECONOMIC PRINCIPLES_3238A784...

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> TESTS/QUIZZES > REVIEW ASSESSMENT: QUIZ 4 Review Assessment: Quiz 4 User WANCHING Rachel KAO Submitted 5/8/08 4:49 PM Name Quiz 4 Status Completed Score 24 out of 24 points Time Elapsed 0 hours, 8 minutes, and 6 seconds out of 0 hours and 40 minutes allowed. Instructions Question 1 2 out of 2 points Real GDP per capita is found by: Selected Answer: dividing real GDP by population. Correct Answer: dividing real GDP by population. Question 2 2 out of 2 points Growth is advantageous to a nation because it: Selected Answer: lessens the burden of scarcity. Correct Answer: lessens the burden of scarcity. Question 3 2 out of 2 points At an annual growth rate of 4 percent, real GDP will double in about: Selected Answer: 17 ½ years. Correct Answer: 17 ½ years. Question 4 2 out of 2 points Recurring upswings and downswings in an economy's real GDP over time are called: Selected Answer: business cycles. Correct Answer:
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q4 - OL_MACROECONOMIC PRINCIPLES_3238A784...

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