Snowdon and Vane indicate that one of the three important commonly used measures

Question

Snowdon and Vane indicate that one of the three important commonly used measures of living standards is A. HDI. B. Birth rates. C. The current account. D. The level of debt. E. None of the above. 19. According to Abel, Bernanke and Croushore, the tendency for declines in economic activity to be followed by further declines, and or growth in economic activity to be followed by more growth is called A. Re-currency B. Comovement. C Persistence D. Periodicity. E. None of the above. 20. According to Abel, Bernanke and Croushore, the long boom covered the period of A. 1870 to 1879. B. 1918 to 1929. C. 1982 to 2001. D. 2002 to 2007 E. None of the above. 21. Extra Credit: According to Abel, Bernanke and Croushore, an example of a production function representing endogenous growth theory would be A, Y = AK""N0.5 E. None of the above.

Explanation / Answer

18) A. HDI. HDI is stands for Human Development index as measured by the UN. It ranks countries on 3 parameters - life expectancy, education level, per capita income

19). B. Comovement.

20). C. 1982 to 2001

21). B. Y = AK0.3L0.7

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.