Which of these results in a higher standard of living?

Name: Which of these results in a higher standard of living?
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Question

Quizplus · Accepted Answer

Higher levels of education lead to more productive and skilled workers, which can lead to higher levels of income and a higher standard of living overall. The other options, higher tax rates, higher inflation rates, and a decrease in trade, can all have negative impacts on the economy and potentially lower the standard of living.

Which of These Results in a Higher Standard of Living