When examining the growth record of any nation
A) all that must be examined is increases in per capital real GDP.
B) no consideration should be given to the change in the average amount of leisure time in the nation.
C) increases in per capita real GDP must be considered along with how far the production possibilities curve has shifted.
D) we must consider which income groups have benefited most from the growth.
D
You might also like to view...
When you toss your spare quarters into a jar so you can use them later at the laundromat, you are using money in its function as a
A) medium of exchange. B) unit of account. C) store of value. D) record keeping device.
A bond issued by a local government to build a convention center that is to be financed by fees charged to users is an example of
A) commercial paper. B) a general obligation bond. C) a collateralized bond. D) a revenue bond.