Multiple Choice
The primary determinant of a country's standard of living is
A) the country's ability to prevail over foreign competition.
B) the country's ability to produce goods and services.
C) the total supply of money in the economy.
D) the average age of the country's labor force.
Correct Answer:
Verified
Correct Answer:
Verified
Q123: What is the main difference between a
Q124: Suppose your finance professor has been offered
Q125: Laws that enforce chemical hazard control are
Q126: Economics is the study of how society
Q127: The cost of an action is measured
Q129: Economists study how people make decisions.
Q130: The goal of President Obama's stimulus package
Q131: Efficiency means that<br>A)society is conserving resources in
Q132: Inflation measures the increase in the quantity
Q133: What are the two basic types of