A good measure of the standard of living is
A) real GDP per capita.
B) nominal GDP per capita.
C) total real GDP.
D) total nominal GDP.
Correct Answer:
Verified
Q2: Which of the following statements describes the
Q3: Table 10-1 Q4: Because of technological change,oil companies like Chevron Q5: If real GDP in a small country Q6: The quantity of goods and services that Q7: If the growth rate of real GDP Q8: Increases in real GDP since 1900 can Q9: Since 1900,real GDP per capita has _ Q10: Technological advances generally result in Q11: Since 1900,real GDP in the United States
A)decreased incomes.
B)increased life
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents