Multiple Choice
If GDP grows more rapidly than population for a particular country over a period of time,then we can determine that
A) Real GDP has decreased.
B) All citizens of this country are better off.
C) GDP per capita has increased.
D) GDP must rise at a slower rate in the future.
Correct Answer:
Verified
Correct Answer:
Verified
Q115: The measure of GDP is<br>A)Geographically focused.<br>B)Globally focused.<br>C)Vertically
Q116: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5720/.jpg" alt=" The base year
Q117: If for a given year gross investment
Q118: The measure of what households receive after
Q119: Inflation is<br>A)The increase in the market value
Q121: An increase in business inventories during a
Q122: The sum of value added<br>A)Measures the intangible
Q123: Which is better for making comparisons over
Q124: Are there any measurement problems that occur
Q125: For the nation's capital stock to grow,net