A country's standard of living is closely correlated with its
A) physical size.
B) population density.
C) mineral resources
D) cultural diversity.
E) labor force productivity.

Question

Quizplus · Accepted Answer

A country's standard of living is closely correlated with its labor force productivity. This is because higher productivity allows for the production of more goods and services, leading to a higher GDP per capita and ultimately a higher standard of living. Other factors such as physical size, population density, mineral resources, and cultural diversity may impact a country's economic potential but do not necessarily correlate directly with its standard of living.

A Country's Standard of Living Is Closely Correlated with Its