Which of the following can be measured by the level of real GDP per person?

a. productivity and the standard of living
b. productivity but not the standard of living
c. the standard of living but not productivity
d. neither the standard of living nor productivity

c

Economics

You might also like to view...

A free good is different from a scarce good because it is:

A) not tradable. B) not produced. C) not scarce. D) found only in nature.

Economics

Refer to Table 20-14. The real average hourly earnings for 1965 in 1982-1984 dollars equal

A) $1.28. B) $6.49. C) $8.28. D) $15.45.

Economics