Which of the following describes the growth in real GDP per person in the United States from 1900 to the present?

A) It has decreased.
B) It has increased by more than eight times.
C) It has doubled.
D) It has increased twenty times.

Answer: B

Economics

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The first major international trade agreement following World War II was the North American Free Trade Agreement (NAFTA)

Indicate whether the statement is true or false

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The additional income from selling one more unit of a good:

a. increasing marginal returns b. total cost c. marginal revenue d. marginal product of labor e. marginal cost

Economics