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One Principle of Economic Growth Is the Notion That, to Raise

Question 19

Multiple Choice

One principle of economic growth is the notion that, to raise living standards over time, an economy must A) have full employment of its labor force. B) devote some portion of its current output to increasing its future output. C) maintain low inflation over the years. D) have a small population so that its GDP per person will be high. One principle of economic growth is the notion that, to raise living standards over time, an economy must


A) have full employment of its labor force.
B) devote some portion of its current output to increasing its future output.
C) maintain low inflation over the years.
D) have a small population so that its GDP per person will be high.

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