Modern Economic Growth Refers To

question 17

Multiple Choice

Modern economic growth refers to:

• A)an increase in the general price level.
• B)an increase in output per person.
• C)an increase in the output.
• D)an increase in percentage of the population which participates in the labour force.

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Definitions:

Center

A key point that is often the midpoint or origin in geometric figures, such as circles or ellipses, around which symmetry or rotation occurs.

Radius

In geometry, the distance from the center of a circle to any point on its circumference, also half the diameter of the circle.

Center

The middle point of a shape or object, equidistant from all outer edges.

Radius

The distance from the center to any point on the circumference of a circle.