__172.20.40.61_Materials_hjackson-0013_Test2A_spr10

__172.20.40.61_Materials_hjackson-0013_Test2A_spr10 -...

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

View Full Document Right Arrow Icon
Jackson/spring 09/Econ 202 section D page 1 Econ 202: Spring 2009 Test #2A Name _________________________________ PART A: (3 points each) Please select the best answer on the scantron card you provide 1. (Figure: above) If there is significant increase in human capital per worker (all other factors remained unchanged), then this is best indicated by a move from: A) A to B. B) B to A. C) C to B. D) B to C. 2. If real GDP per capita grows at a rate of 5% per year consistently over time, how many years would it take for it to double in size? A) 5 B) 10 C) 14 D) 70 3. Long-run economic growth depends almost entirely on: A) labor productivity growth. B) population growth. C) agricultural production growth. D) number of hours worked
Background image of page 1

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

View Full DocumentRight Arrow Icon
Jackson/spring 09/Econ 202 section D page 2 4. Physical capital would include: A) the education or knowledge a worker has in his or her physical being. B) the tools a worker has to work with. C) the money available for the worker to use. D) all of the above. 5. From the standpoint of economic growth, banks are important to: A) fight inflation. B)
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This document was uploaded on 01/25/2012.

Page1 / 5

__172.20.40.61_Materials_hjackson-0013_Test2A_spr10 -...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online