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Which of the Following Statements Is True

Question 42

Multiple Choice

Which of the following statements is true?


A) In the foreseeable future,real GDP will grow slower than the U.S.population
B) Based on past economic performance,it is likely that standards of living in the U.S.will fall during the early part of the 21st century
C) Real per capita GDP will likely increase in the near future due in part to the slowdown in the rate of population growth
D) In economics,the past is a very poor predictor of the future
E) The rate of economic growth does not affect individual people

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