Over the past four decades
A) the growth rate of real GDP per person in the United States has been increasing.
B) U.S. real GDP per person has fallen below that of the other rich industrial countries.
C) U.S. real GDP per person has increased.
D) Both answers A and C are correct.
C
Economics
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a. standard of living b. privatize c. economic system d. self-interest e. factor payments
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The aggregate demand curve is negatively sloped because a lower price level
A) reduces the real money supply. B) increases the real money supply. C) reduces aggregate income. D) increases aggregate income.
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