Dean, a manager at Oxygen Inc., believes that a country's economic growth is a key proxy for the health of the country's economy. Which of the following statements supports his belief?
A) Communist countries experience more economic growth than capitalist countries.
B) Economic growth compares the costs of common products and services in a country in terms of its currency.
C) Economic growth typically translates into a rough measure of opportunity in a country.
D) Economic growth has a positive influence on the environment as it leads to reduced pollution.
Correct Answer:
Verified
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Q16: _ is a measure of the efficiency
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Q19: Unlike market-based systems, command-based systems:
A) give individuals
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Q21: _ adds net income from foreign assets
Q22: _ = private consumption + gross investment
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