In any country, the population will generally be better off as long as the ____ over time and population ____.
A) quantity and quality of output decreases; does not increase faster than real output
B) quantity and quality of output increases; increases faster than real output
C) quantity and quality of output increases; does not increase faster than real output
D) technology improves; increases faster than real output
Correct Answer:
Verified
Q19: Economists generally define economic growth as an
Q20: Generally there is an inverse relationship between
Q21: Which of the following did not result
Q22: The prosperity of a nation today is
Q23: Real output per capita:
A)is measured by real
Q25: A technological advance may come in either
Q26: The measure most commonly used by economists
Q27: Given a constant rate of growth of
Q28: Foreign direct investment-capital injections from abroad-can promote
Q29: If real GDP per capita is increasing,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents