The key variable in determining changes in a country's standard of living is the:
A)interest rate.
B)inflation rate.
C)unemployment rate.
D)long-run rate of economic growth.

Name: The key variable in determining changes in a country's standard of living is the: A)interest rate. B)inflation rate. C)unemployment rate. D)long-run rate of economic growth.
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Question

Quizplus · Accepted Answer

The long-run rate of economic growth best explains changes in standards of living in countries around the world.

The Key Variable in Determining Changes in a Country's Standard