Multiple Choice
If living standards in a country, as measured by output per person, decrease, then total output must have:
A) increased more rapidly than population increased.
B) increased at the same rate that population increased.
C) increased more slowly than population increased.
D) decreased more slowly than population decreased.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: When government revenue exceeds government spending, the
Q19: Decisions to determine the government's budget are
Q20: If total output increases from $1 trillion
Q21: The process of steady increase in the
Q22: If Country A and Country B have
Q24: Macroeconomists would be most likely to study
Q25: The growth of total output in the
Q26: Output per worker must be _ output
Q27: _ policy focuses on the nation's money
Q28: Macroeconomists are more likely than microeconomists to