Multiple Choice
Which of the following statements is most accurate about modern economic growth?
A) Economic historians mark modern economic growth as beginning around A.D. 1500.
B) Modern economic growth is characterized by sustained and ongoing increases in living standards.
C) Modern economic growth has virtually eliminated business cycle fluctuations.
D) Modern economic growth has been distributed more or less equally across nations.
Correct Answer:
Verified
Correct Answer:
Verified
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