In the past 50 years,the economy of the United States grew,causing
A) a higher standard of living for most citizens.
B) a higher standard of living for the employed.
C) a stagnant standard of living after adjusting for inflation.
D) a lower standard of living after adjusting for inflation.
Correct Answer:
Verified
Q29: Which of the following is a potential
Q30: Which of the following would cause an
Q31: Productivity growth is usually an indicator of
A)
Q32: The GDP does not include things such
Q33: Identifying real GDP growth requires
A) measuring all
Q35: Using the aggregate production function,when inputs increase,
A)
Q36: Without economic growth,
A) we would have a
Q37: A growing economy can result in
A) fewer
Q38: On the PPF,if you have two products,health
Q39: In a growing economy,_ enjoy a rising
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