The fact that the United States has grown _______ per year for the last hundred years is ______________.
A) 1 %; alarming and needs to be altered
B) 2 %; alarming and needs to be altered
C) 2 %; impressive and hopefully will continue
D) 3 %; impressive and hopefully will continue
Correct Answer:
Verified
Q3: According to the rule of 70, if
Q11: We can estimate that if a country
Q12: Historically, real income per person:
A) barely changed
Q13: In a given year the nominal growth
Q14: Total changes in GDP over time are:
A)
Q15: In a given year the nominal growth
Q18: Economic growth means:
A) more production of goods
Q19: The purchasing power of the average person
Q20: The middle class in China:
A) outnumbers the
Q21: Output per person on a country level
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