Even Though It Is Not a Perfect Measure, Economists Can

question 65

Multiple Choice

Even though it is not a perfect measure, economists can use real GDP to
i. compare how standards of living in China have changed over the past 10 years.
ii. look at the length of recessions and expansions in Australia.
iii. compare the standard of living in China versus the standard of living in Vietnam.

• A) i and ii
• B) ii only
• C) i, ii and iii
• D) ii and iii
• E) i and iii

---

Definitions:

Virtual Interview

An interview conducted using digital tools and platforms, where participants interact remotely via video or audio connections.

Follow-up Messages

Communications sent to maintain contact or provide additional information after an initial message or meeting.

Overbearing

A behavior characterized by excessive assertion of authority or dominance, often leading to discomfort or resentment in others.

Phone Interview

A prearranged meeting or assessment carried out over the phone, generally used in the preliminary stages of a job application process.