Solved

The Best Measure of a Country's Standard of Living Is

Question 32

Multiple Choice

The best measure of a country's standard of living is

A) GDP per labour hour.
B) GDP per unit of capital.
C) GDP per capita.
D) total nominal GDP.
E) the employment population ratio.

Related Questions

Q5: How do economic growth rates affect a

Q27: Which of the following is a normative

Q28: To what do economists attribute the rapid

Q29: Because of diminishing returns, an economy can

Q30: Which of the following explains the ability

Q33: Most economic growth in the world occurred

Q34: When an economy faces diminishing returns,<br>A)the slope

Q35: The economic growth model predicts that<br>A)the level

Q36: Entrepreneurship in Mexico is<br>A)still risky due to

Q37: Relative to productivity growth in the United