Which of the following is a clear example of sustainable economic growth?

• An energy company develops new drilling technology that makes it possible to access petroleum even deeper than what is currently possible.
• A machine is developed that can harvest fruits and vegetables at double the speed.
• A lumber company invents a new machine that can harvest trees even faster than before.
• Hydroponic technology makes it possible to grow more fruits and vegetables on a smaller piece of land.

Which of the following is NOT a sustainable source of growth?

• Factors that shift the LRAS curve to the right
• Invention of new forms of technology
• Increase in population, leading to more people available in the work force
• Factors thatshift theSRAS curve but not the LRAS curve

Determine which statement below is true of high unemployment.

• Resources are being overutilized.
• It occurs when the economy is at its long run supply capacity.
• Trade barriers can be beneficial for the domestic economy.
• This is when there is the strongest case for comparative advantage.

In which of the following ways does GDP play a role in the analysis of labor force participation rates by gender?

• It indicatesthe birth rate, standard of living and quality of life in a country.
• It indirectly accounts for educational attainment and labor force participation.
• It explainsthe differences between developed and underdeveloped countries.
• Itindicates theaccess and availability of jobs relative to individuals in the population looking for a position.