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    Principles of Economics Study Set 11
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    Exam 19: Introduction to Macroeconomics and Gross Domestic Product
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    To Determine Living Standards for the Average Person,we Calculate
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To Determine Living Standards for the Average Person,we Calculate

Question 1

Question 1

Multiple Choice

To determine living standards for the average person,we calculate


A) GDP.
B) per capita GDP.
C) the average level of prices in the country.
D) the length of time the average person is unemployed.
E) the growth rate of GDP.

Correct Answer:

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