QUESTION 11 1 po What are the three main factors affecting labor productivity growth? Property rights, Capital, Technological change O growth rate, long run, cycle O per capita, average, recession Nobel prize, potential, prosperity QUESTION 12 1 po Calculate the private saving of this economy? household income : $250 transfer payments: $75 corporate tax: $50 hopusehold consumption $100 tax paid by households 55 O $170 O $75 OOOO O $50 $105 QUESTION 13 1 po In a closed economy, private saving is equal to which of the following? (Y = GDP, C = Consumption, G = Government purchases, T= Taxes, and TR = Transfers) Y- C-T Y- G-T Y - G - I+ TR Y+ TR - CI QUESTION 16 1 po The percent increase in the CPI from one year to the next is a measure of the GDP deflator. unemployment rate. real interest rate. inflation rate. QUESTION 17 1 po If real GDP grows by 3% in 2014, 3.2% in 2017, and 2.5% in 2018, what is the average annual growth rate of real GDP? 2.6% 2.9% 3.1% 4.2% QUESTION 11 1 po What are the three main factors affecting labor productivity growth? Property rights, Capital, Technological change O growth rate, long run, cycle O per capita, average, recession Nobel prize, potential, prosperity QUESTION 12 1 po Calculate the private saving of this economy? household income : $250 transfer payments: $75 corporate tax: $50 hopusehold consumption $100 tax paid by households 55 O $170 O $75 OOOO O $50 $105 QUESTION 13 1 po In a closed economy, private saving is equal to which of the following? (Y = GDP, C = Consumption, G = Government purchases, T= Taxes, and TR = Transfers) Y- C-T Y- G-T Y - G - I+ TR Y+ TR - CI QUESTION 16 1 po The percent increase in the CPI from one year to the next is a measure of the GDP deflator. unemployment rate. real interest rate. inflation rate. QUESTION 17 1 po If real GDP grows by 3% in 2014, 3.2% in 2017, and 2.5% in 2018, what is the average annual growth rate of real GDP? 2.6% 2.9% 3.1% 4.2%