Most Economists Believe That the Single Largest Cause of Rising

question 7

Multiple Choice

Most economists believe that the single largest cause of rising material living standards over long periods of time is

• A)productivity growth.
• B)rising employment.
• C)growth in the capital stock.
• D)real GDP growth.
• E)rising real wages.

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Definitions:

Larger Portions

Serving sizes that are significantly bigger than standard or recommended amounts, often linked to overconsumption and health issues.

Groups

Collections of individuals who come together to achieve a common goal or share a common interest.

Solo Individuals

Refers to single persons functioning independently from groups or collectives in a social or professional setting.

Duration

The length of time that something continues or exists.