Author Question: GDP per capita is a relatively good measurement of: a. the distribution of income. b. purchasing ... (Read 38 times)

berenicecastro

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GDP per capita is a relatively good measurement of:
 a. the distribution of income. b. purchasing power.
  c. household production. d. the standard of living.

Question 2

In the aggregate expenditures model, if an economy operates below equilibrium GDP, there will be unplanned inventory accumulation.
 a. True
  b. False
  Indicate whether the statement is true or false



Sierray

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Answer to Question 1

d

Answer to Question 2

False



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