Just try to provide me with the correct answer to my questions. most of them are multiple choice.

Rabeeah1 Rabeeah2 Given the following data: Which of the following statements is false? Year Nominal GDP Population Price ($ billion) (million) Index O A. A society that wants more in the future should consume more of its capital today. 2018 100 2019 129.5 22 150 O B. A society that wants more in the future should invest more today. Calculate this nation's economic growth rate during the year. O C. A society that wants more in the future should invest in more human capital today. The nation's economic growth rate is %. (Enter your response rounded to two decimal places.) O D. A society that wants more in the future should consume less today. Consider the following data: Brazil has a population of about 210 million, with about 150 million over the age of 15. Of these, an estimated 25 percent, or 37.5 million people, are functionally illiterate. The typical literate individual reads only about two nonacademic books per year, which is less than half the number read by the typical literate U.S. or European resident. Answer the following question from the perspective of new growth theory: Country Population Real GDP (millions) ($ billions a. Which of the following best explains the implications of Brazil's literacy and reading rates for its growth prospects in light of the key tenets of new growth theory. 9 56 O A. Since the development of human capital is an important determin growth rate is lower. mic growth, Brazil's literacy and reading rates suggests its potential economic 64 71 O B. Since it has been demonstrated that technological advancement and not human capital is the key determinant of economic growth, Brazil's literacy and reading rates should not affect its potential economic growth rate. What is the per capita real GDP in each of these countries (Enter each response rounded to the nearest integer)? O C. Since economic growth is driven by international trade in technology and capital, if Brazil opens its borders, its literacy and reading rates will improve as the country experiences economic growth O D. Since technologically advanced physical capital is necessary for economic growth, Brazil's literacy and reading rates suggests its economic growth rate will be Country Per Capita Real GDP lower because there are not enough skille ate sophisticated machinery. nough skilled workers to operate sophistic A b. What types of policies might Brazil implemer s growth prospects? O A. It should implement a policy to acquire technology from other countries. It can do this be either licensing the technology or through reverse engineering O B. It should implement need physical capital O C. It should implement a staffed with foreign scientists and engineers. O D. It should implement programs residents. focused on promoting a higher literacy rate and broadly focused on a greater average educational attainment by its Consider the following: Real GDP GDP In the absence of well-defined property rights, we would likely find Year Population Millions) (S Billions) Deflator 2018 10.75 2019 12.90 1.15 121 125 O A. people with fewer incentives to take risks. Calculate the percentage change in per capita real GDP between 2018 and 2019: |%. (Enter your response as a percentage rounded to two decimal places.) O B. higher economic growth rates. O C. people with more incentives to take risks. To encourage economic development a country should do all of the following except O D. increases in investment activity. O A. allow creative destruction to run its course. O B. limit the amount of imports allowed in to the country. Which of the following is not a true statement about the impact of immigration on economic growth? O C. establish a system of property rights. O A. Population growth through immigration increases the amount of labor, which is a major component of economic growth. O D. invest in human capital. O B. Economists agree that population growth through immigration is a drain on the economy because it lowers per capita GDP. O C. Immigrants may create jobs through purchasing goods and services and starting new businesses. O D. A larger market increases incentives for creativity and attracts more skilled immigrants.Rabeeah3 Rabeeah4 Typically, modern developed countries have gone through three stages. Which of the following factors could cause the economy to experience supply-side inflation? Initially countries have most of the population involved in O A. Government laws which say that the average work week must be reduced by one hour every year. O B. The development of new technology to increase productivity. Secondly, much of the population moves to entrepreneurship O C. Increased security about jobs and future income Finally, there is a shift toward industry O D. Increases in the number of immigrants allowed into the country. services agriculture The figure to the right shows an economy in an initial long-run equilibrium at point A ideas a. Using the line drawing tool, show how, if at all, the equilibrium real GDP and the LRAS, long-run equilibrium price level are affected by a reduction in the quantity of money in circulation. Properly label this line. Carefully follow the instructions above, and only draw the required objects. Initially, an economy has a maximum real GDP of $5 trillion. b. According to your graph, the equilibrium price level | | while the equilibrium 1.) Using the line drawing tool, draw the long-run aggregate supply curve. Label it real GDP LRAS.. 2207 falls 200- Price Level 2.) Then suppose that increases in labor productivity increase the productive decreases rises capacity of the economy. Using the line drawing fool, draw the new long-run 180- is unchanged AD aggregate supply curve. Label it LRAS, Price Level 160- increases Carefuly follow the instructions above, and only draw the required objects. 140- RGDP, 120- Real GDP ($ trillions per year) In the long run, persistent deflation in a growing economy can occur if Real GDP per year (s trillions) O A. there is a temporary decrease in input prices. O B. increases in AD are proportionately larger than the increase in LRAS. The figure to the right shows an economy in an initial long-run equilibrium at point O C. increases in the LRAS are proportionately larger than the increases in AD. . Using the line drawing tool, show how, if at all, the equilibrium real GDP and the LRAS, O D. AD increases regardless of what the LRAS does. long-run equilibrium price level are affected by a technological improvement. Properly label this line. Carefully follow the instructions above, and only draw the required objects. b. According to your graph, the equilibrium price level | | while the equilibrium real GDP Price Level An increase in the LRAS curve that is larger proportionately than an increase in the AD curve will lead to O A. a decrease in the price level and an increase in output. AD, O B. an increase in the price level and an decrease in output. O C. a decrease in the price level and output. RGDP, Real GDP ($ trillions per year) O D. an increase in the price level and output.Rabeeah5 Rabeeah6 Which of the following will generate an increase in aggregate demand? Which of the following will NOT lead to a rightward shift of the long-run aggregate supply curve? O A. A decrease in the price level. O A. increase in labor productivity O B. increase in labor O B. Government spending for the onset of a war. O C. An increase in the foreign exchange value of the dollar. O C. increase in aggregate spending O D. increase in capital O D. A tax increase. According to the real-balance effect, an increase in the price level O A. increases an individual's expenditures due to an increase in the real value of cash balances. O B. reduces an individual's expenditures due to a decrease in the real value of cash balances. O C. does not affect the real value of cash balances in the long-run. O D. does not affect the real value of cash balances in the short-run. The graph shows the aggregate demand curve in a representative economy. Suppose that there is a decrease in taxes. 220- Using the line drawing tool, show the effect on the aggregate demand curve, and 200- label your new curve. 180- Carefully follow the instructions above, and only draw the required objects. 160- 140- Price Leve AD1 Real GDP per year (s trilions ) Which of the following will generate an increase in aggregate demand? O A. An increase in the foreign exchange value of the dollar. O B. Government spending for the onset of a war. O C. A decrease in the price level. O D. A tax increase