Multiple Choice
Because population grows over time,the best indicator of average living standards is
A) the unemployment rate.
B) total output.
C) output per person.
D) the inflation rate.
E) productivity.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Structural policy refers to<br>A) decisions to determine
Q8: All of the following statements are correct
Q9: Microland has a population of 50 people;40
Q10: When government revenue exceeds government spending,the nation
Q11: Government debt reflects the<br>A) annual position of
Q13: Compared to the 1950-1973 period,output per worker
Q14: The unemployment rate increases during<br>A) expansions and
Q15: A decision by a government to sell
Q16: When a government collects more in taxes
Q17: Average labour productivity is defined as<br>A) output