Because population grows over time,the best indicator of average living standards is
A) the unemployment rate.
B) total output.
C) output per person.
D) the inflation rate.
E) productivity.
Correct Answer:
Verified
Q7: Compared to 1926,total output in Canada today
Q8: Average labour productivity equals
A) average production per
Q9: Macroeconomics first developed as a new subfield
Q10: People who enjoy high standards of living
Q11: The country of Northland produced $1,000 billion
Q13: A key indicator of the hardship experienced
Q14: The Great Depression
A) occurred only in Canada
Q15: Compared to 1926,total output per person in
Q16: Macroeconomic policies are government policies designed to
Q17: Compared to 1926,total output in Canada today
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