Economic Growth And Productivity - Practice Quiz

An increase in real GDP and per capita GDP.

An increase in real GDP but a decrease in per capita GDP.

A decrease in real GDP but an increase in per capita GDP.

A decrease in both real GDP and per capita GDP.

No change in per capita GDP but a decrease in real GDP.

Decreases in wages and GDP.

Increases in wages and decreases in GDP.

Decreases in wages and increases in GDP.

Increases in wages and GDP.

No change in wages or the GDP.

Without using any more capital or labor.

By using more capital per worker.

By using more capital but not more workers.

By using more labor but not more capital.

By using more capital but not more labor.

Machines that require workers in order to produce most efficiently.

Any production technique developed by humans.

Workers' education and skills.

Workers in factories.

Workers who can be used instead of machines.

Is not used immediately.

Replaces existing, but worn out, capital.

Replaces existing workers.

Is more efficient than existing capital.

Is usually unproductive.

GDP per person.

GDP in real terms.

The same as the GNP.

GDP nominal terms.

GDP adjusted for inflation.

Population growth.

Consumption.

Saving and investment.

Imports.

Accumulation of wealth.

GDP.

Debt-to-GDP ratio.

GNP.

GDP per unit of capital.

Per capita GDP.