Per capita GDP is the most practical way to:
A) Measure how much income households receive.
B) Measure how much output can be consumed on a sustainable basis.
C) Measure how much output is potentially available to the average person.
D) Analyze the growth rate of the economy over time.
Correct Answer:
Verified
Q1: Ceteris paribus GDP most closely measures:
A) Output
Q2: The inflation-adjusted value of final goods and
Q3: In order to measure what a country
Q4: To compare the standard of living of
Q5: In 2012,per capita GDP in the United
Q7: Which of the following is NOT included
Q8: Which of the following is the best
Q9: U.S.GDP for 2012 was approximately:
A) $11 trillion.
B)
Q10: Which of the following is NOT included
Q11: Country's GDP is:
A) The sum of the
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