Multiple Choice
In only one of the following situations is a nation's standard of living certain to increase.Which one?
A) Real GDP rises faster than population.
B) Real GDP rises faster than the price level.
C) Real GDP rises.
D) Real GDP rises faster than the number of people employed.
E) Real GDP rises faster than the number of people unemployed.
Correct Answer:
Verified
Correct Answer:
Verified
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