Multiple Choice
Which of the following is a good gauge of economic progress?
A) the level of real GDP per person,but not the growth rate of real GDP per person
B) the level of real GDP per person and the growth rate of real GDP per person
C) the growth rate of real GDP per person,but not the level of real GDP per person
D) neither the level nor the growth rate of real GDP per person
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Over the last century,U.S.real GDP per person
Q3: In which of the following countries did
Q4: A country experiencing a growth rate of
Q5: The average income in a rich country,such
Q6: In which of the following countries has
Q7: Average income has been stagnant for many
Q8: A country experiencing a growth rate of
Q9: In which of the following countries has
Q10: There are large differences in the standard
Q11: During the past century the average growth