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Author Question: An increase in real GDP per capita is the strict definition of economic growth that serves to (Read 99 times)

jessicacav

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Question 1

For economic growth to ________, the rate of growth must exceed the rate of population increase.


◦ result from a decrease in the labor force
◦ occur with increasing unemployment levels
◦ increase living standards
◦ All of these

Question 2

An increase in real GDP per capita is the strict definition of economic growth that serves to


◦ increase living standards.
◦ increase the population.
◦ decrease inflation.
◦ increase the money supply.


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Marked as best answer by jessicacav on Apr 19, 2019

Hdosisshsbshs

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jessicacav

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


ecabral0

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Reply 3 on: Yesterday
Excellent

 

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