Which of the following best measures improvements in the standard of living of a nation?
A. Growth of nominal GDP.
B. Growth of real GDP.
C. Growth of real GDP per capita.
D. Growth of national income.
C. Growth of real GDP per capita.
Economics
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Jose works at Intel. His manager tells him what work needs to be completed each month. Jose's resource, labor, is allocated with which of the following methods?
A) command B) majority rule C) force D) personal characteristics E) lottery
Economics
What are the four coreways that households save for retirement?
What will be an ideal response?
Economics