Increases in the Total Real Output of Many DVCs Do

question 131

Multiple Choice

Increases in the total real output of many DVCs do not increase the nation's standard of living because

• A) diminishing returns may be encountered in increasing total output.
• B) population increases may dissipate the increase in real output.
• C) disguised unemployment in agriculture will persist.
• D) surplus farm labor may move from rural areas to industrial areas, causing unemployment.

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