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If Real GDP Grows at a Faster Rate Than Does

Question 121

Multiple Choice

If real GDP grows at a faster rate than does population,then the standard of living,as measured by real GDP per person,


A) improves.
B) worsens.
C) remains the same.
D) cannot be measured.
E) either improves,worsens,or stays the same,depending on the size of the population and the actual level of real GDP.

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