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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    Although Imperfect,which of the Following Is Used as a Measure
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Although Imperfect,which of the Following Is Used as a Measure

Question 132

Question 132

Multiple Choice

Although imperfect,which of the following is used as a measure of the standard of living?


A) real GDP ÷ population
B) real GDP × population
C) nominal GDP × population
D) nominal GNP ÷ population
E) nominal GNP × population

Correct Answer:

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