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    Principles of Macroeconomics Study Set 8
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    Exam 12: Production and Growth: Economic Growth Around the World
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    A Nation's Standard of Living Is Best Measured by Its
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A Nation's Standard of Living Is Best Measured by Its

Question 16

Question 16

Multiple Choice

A nation's standard of living is best measured by its


A) real GDP.
B) real GDP per person.
C) nominal GDP.
D) nominal GDP per person.

Correct Answer:

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