1) Answer the followings: a-c a) Unanticipated inflation helps some groups in the economy. T or F b)The rule of 70 is used to find how long it will take an economy to double in size. T or F c) If a nation's real GDP increases from 100 billion to 106 billion and its population stays constant, its real GDP per capita will: 1) remain constant 2) fall by 6% 3)rise by 6 percent 4)fall by 12%

1) Answer the followings: a-c a) Unanticipated inflation helps some groups in the economy. T or F b)The rule of 70 is used to find how long it will take an economy to double in size. T or F c) If a nation's real GDP increases from 100 billion to 106 billion and its population stays constant, its real GDP per capita will: 1) remain constant 2) fall by 6% 3)rise by 6 percent 4)fall by 12%

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 11P

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