Modern economic growth in a country implies that output per person increases.
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Q10: If current prices are used to calculate
Q11: To understand how the economy works, economists
Q12: Economic growth is defined as:
A)an increase in
Q13: Sticky prices imply that some firms are
Q14: Unemployment occurs when a person cannot get
Q16: The concept of "real GDP" refers to:
A)the
Q17: If prices are flexible, no matter what
Q18: Commodities such as airline tickets, and gasoline
Q19: According to researchers, there is a direct
Q20: The official unemployment rate:
A)reveals people over 21
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