Business, 03.12.2019 20:31, kitkatyr4992

The total value of commodity a produced in country x increased from $500,000 in 2011 to $700,000 in 2012. according to laura, a student of economics, the share of commodity a in real gdp of 2012 should be higher than that of 2011.

which of the following, if true, would strengthen laura's argument?

a.
only a fraction of commodity a produced in 2012 was consumed in the same year.
b.
the total amount of inputs used in the production of commodity a was higher in 2011 than in 2012.
c.
the scale of production in 2012 was smaller than in 2011.
d.
the average price level in the economy remained stable over the two years.
e.
the quantity of commodity a produced in 2011 was higher than in 2012.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:30, 20guadalupee73248

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false

Answers: 1

continue

Business, 22.06.2019 23:10, katrinanuez

Which investment has the liquidity and can be converted into cash easily?

Answers: 2

continue

Business, 22.06.2019 23:30, acharity196

Sally has a high-paying management position with a fortune 500 company, but she is tired of working for corporate america. so sally has decided to start a business, and she knows she will be successful as an entrepreneur because entrepreneurs typically

Answers: 3

continue

Business, 22.06.2019 23:40, kyleryoung0602

Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%

Answers: 1

continue

Do you know the correct answer?

The total value of commodity a produced in country x increased from $500,000 in 2011 to $700,000 in...