Economic Progress Is Best Measured by

question 67

Multiple Choice

Economic progress is best measured by

• A)the growth rate of prices over time.
• B)the growth rate of GDP per capita.
• C)the amount of working time needed for an individual worker to afford certain goods and services.
• D)the annual growth rate in the population.

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Definitions:

Dissatisfying

Causing discontent or discomfort; not meeting an individual's expectations or desires.

Existing Group

A set of individuals who are currently assembled as a team or cohort within an organization or for a specific purpose.

Sole Basis

The only reason or foundation upon which a decision or action is based.

Job Description

A formal account of an employee's responsibilities, duties, and the requirements for a specific position within an organization.