Increases in real GDP per person can come from
A) gains from trade.
B) increased labour force participation.
C) increased productivity.
D) technological change.
E) all of the above.

Question

Quizplus · Accepted Answer

Increases in real GDP per person can come from gains from trade, increased labour force participation, increased productivity, and technological change. All of these factors can contribute to higher levels of output and income for individuals and the economy as a whole.

Increases in Real GDP Per Person Can Come from