Figure 2.5.3
-Refer to Figure 2.5.3 above. The graph , as it appears in the textbook, shows two series, each corresponding to a growth rate. The dashed trend series corresponds to:
A) the growth rate of durable equipment.
B) the growth rate of GDP.
C) The growth rate of non-durable goods.
D) the growth rate of labor productivity.

Question

Figure 2.5.3
-Refer to Figure 2.5.3 above. The graph , as it appears in the textbook, shows two series, each corresponding to a growth rate. The dashed trend series corresponds to:
A) the growth rate of durable equipment. 
B) the growth rate of GDP. 
C) The growth rate of non-durable goods. 
D) the growth rate of labor productivity.

Quizplus · Accepted Answer

The dashed trend series corresponds to the growth rate of GDP, as it shows the overall trend of economic growth over time.

Figure 2.5.3 -Refer to Figure 2.5.3 Above. the Graph , as It