The percentage change in per capita real GDP measures economic growth because it takes into account all of the following variables EXCEPT
A) the percentage change in population. B) the percentage change in nominal GDP.
C) the percentage change in the quality of life. D) the percentage change in the inflation rates.
C
Economics
You might also like to view...
All else equal, a decrease in cattle herds will decrease derived demand for US corn.
a. true b. false
Economics
When considering the factor distribution of income, into whose income would corporate profits be included?
A. Owners of physical capital B. Workers. C. Proprietors D. Owners of human capital
Economics