Average living standards are best measured using
A) GDP.
B) The economic growth of the economy.
C) Per capita GDP.
D) The capital stock of the economy.
Correct Answer:
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Q2: Average GDP per person is
A)Also known as
Q3: The United States has roughly how much
Q4: Which of the following countries (or regions)produces
Q5: Per capita GDP will definitely rise if
A)The
Q6: China has roughly how much of the
Q7: The measure of final new goods and
Q8: The best measure of how much output
Q9: Per capita GDP will definitely fall if
A)The
Q11: Which of the following statements is true
Q13: If population growth is less than output
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