Question: plese answer the question by the following number. 1. Why might developing countries have greater GDP growth rates than the United States? 2. Why are
plese answer the question by the following number. 1. Why might developing countries have greater GDP growth rates than the United States?
2. Why are transfer payments (Social Security payments and unemployment assistance) not included in GDP?
3. Why would we expect there to naturally be some levels of unemployment?
4. Summarize why changes in real GDP, unemployment, and inflation are desirable or undesirable.
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