If output grows faster than the population, the average standard of living will
a. rise
b. fall
c. remain the same
d. stagnate
e. rise and then fall
A
Economics
You might also like to view...
Refer to Figure 4.5. In which of the following cases will you be rewarded with the most extra points?
A) Seven of your classmates choose Dash and you and the rest choose Solid. B) All of your other classmates choose Solid and you choose Dash. C) Half of your classmates choose Solid and you and the rest choose Dash. D) One of your classmates chooses Dash and you and the rest choose Solid.
Economics
Anti-globalization and protectionism are both arguments against free trade. How do these two arguments differ?
What will be an ideal response?
Economics