Multiple Choice
Suppose that in 2016,real GDP grew in Estonia by 3% and the population increased by 5%.Therefore,in 2016,Estonia experienced
A) economic growth,but not an increase in living standards.
B) economic growth and an increase in living standards.
C) no economic growth,but an increase in living standards.
D) no economic growth and no increase in living standards.
Correct Answer:
Verified
Correct Answer:
Verified
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