Multiple Choice
Perhaps the best measure of economic progress is
A) the annual inflation rate, since it accounts for what is happening to prices.
B) the growth rate of real GDP per capita, since it takes into account both price changes and population growth.
C) the amount of working time needed for an individual worker to afford certain goods and services.
D) the annual growth rate in the population.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Gross Domestic Product in 2017 is more
Q2: According to the data on real U.S.GDP,<br>A)economic
Q3: The typical American family spends about _
Q4: The working population of the United States
Q5: Multinational businesses produce and sell goods around
Q7: Profits account for about 30 cents out
Q8: America's antitrust laws are used to protect
Q9: A recession is a period of time
Q10: Since the 1970s, unemployment rates in the
Q11: Real GDP per capita in the United