Economic growth may overstate changes in standards of living if
A) the growth is accompanied by increasing congestion.
B) leisure time is also decreasing.
C) the types of jobs generated feelings of alienation.
D) deflation is taking place.
Correct Answer:
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Q20: Economic growth may understate changes in standards
Q28: Productivity relates to
A)working harder over time.
B)working longer
Q29: By dividing the value of total domestic
Q30: The growth rate of per capita real
Q31: Labour productivity is found by
A)the net domestic
Q32: Economic growth may understate changes in the
Q35: The average amount produced per worker is
Q36: Whenever average output produced per worker during
Q37: Productivity growth affects
A)all sectors of an economy.
B)only
Q38: Other things constant,a higher savings rate
A)leads to
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