Eco213 exam 2 - Study guides, Class notes & Summaries

ECO213 Exam #2 Questions And Accurate Answers...

U.S. real GDP in 2018 was $18,638 billion, and real GDP in 2019 was $19,073 billion (constant 2012 $). What was the rate of growth in U.S. real GDP from 2018 to 2019. just prior to the coronavirus pandemic? - answer-2.3% The best economic measure of the standard of living is - answer-real GDP per capita If an economy is growing at a rate of 2.5% per year, how long will it take the economy to double in size? - answer-28 years Workers in ________ countries have ________ to work with than ...

U.S. real GDP in 2018 was $18,638 billion, and real GDP in 2019 was $19,073 billion (constant 2012 $). What was the rate of growth in U.S. real GDP from 2018 to 2019. just prior to the coronavirus pandemic?  2.3% The best economic measure of the standard of living is  real GDP per capita If an economy is growing at a rate of 2.5% per year, how long will it take the economy to double in size?  28 years Workers in ________ countries have ________ to work with than do workers i...