Growth of per capita output occurs when:
A) population is growing.
B) output is growing.
C) growth of output is greater than the growth of population.
D) income is growing.
Correct Answer:
Verified
Q3: Real GDP per capita estimates are used
Q4: Between 1950 and 2004, the average annual
Q5: From the list below the best measure
Q6: Economic growth:
A) does not affect living standards.
B)
Q7: Small differences in growth rates eventually produce
Q9: With the economy at potential output, economic
Q10: Which of the following statements is false?
A)
Q11: Growth accounting attempts to measure the factors
Q12: The factors of production are:
A) land, labour,
Q13: To the economist, productive capital is defined
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