To measure the change in the standard of living, it is best to use the growth rate
A) from the Rule of 70.
B) of the price level.
C) of real GDP per person.
D) of real GDP.
E) of the population.
C
Economics
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The value of any investment is found by computing the
A) present value of all future sales. B) present value of all future liabilities. C) future value of all future expenses. D) present value of all future cash flows.
Economics
In general, it is fair to say that Americans are provided with
A. a greater amount of product differentiation than people in most other countries. B. less amount of product differentiation than people in most other countries. C. about the same amount of product differentiation as people in other countries.
Economics