Multiple Choice
Suppose that real GDP grew more in El Dorado than in Atlantis last year. What does this imply concerning productivity or standard of living?
A) El Dorado must have a higher standard of living than Atlantis.
B) El Dorado's productivity must have grown faster than Atlantis's.
C) El Dorado must have a higher real GDP than Atlantis.
D) El Dorado's productivity must have been higher only if the population in the two countries grew at the same rate.
Correct Answer:

Verified
Correct Answer:
Verified
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