The rate of economic growth is best defined as the
A) percentage increase in real GDP over time.
B) increase in investment as a percentage of GDP over time.
C) percentage increase in consumption expenditures over time.
D) percentage increase in the quality of capital,human,and natural resources which occurs over time.
E) percentage increase in government spending over timE.
Correct Answer:
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Q2: Over the period from 1955 to 2009,which
Q3: If you left $2,500 on deposit with
Q4: What is one major measure of economic
Q5: Compound interest is
A) the payment of interest
Q6: The table below provides data on Canada's
Q7: If real GDP per person was $2,000
Q8: Bank C promises to pay a compound
Q9: Compared to 1955,by 2009 real GDP per
Q10: Government policies that increase the long-term economic
Q11: Small differences in annual growth rates of
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