Which of the following is not true concerning economic growth?
A) It is an increase in real GDP.
B) It can be sustained in the short run but not the long run.
C) It means that the production possibilities have expanded.
Correct Answer:
Verified
Q45: An increase in output or real GDP
Q46: Which of the following is least likely
Q48: Per capita GDP will definitely increase if
A)GDP
Q49: Which of the following countries meets or
Q51: The reduction in world poverty from 1990
Q52: Economic growth
A)Refers to an increase in output.
B)Causes
Q53: Per capita GDP will definitely fall when
A)Population
Q53: In which of the following would the
Q54: In which of the following would the
Q55: Poverty is most likely to decrease if
A)Population
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