Which of the Following Is Most Important If the Living

question 19

Multiple Choice

Which of the following is most important if the living standards of people residing in a country are going to improve?

• A) growth of population
• B) growth of per capita GDP
• C) growth of the money supply
• D) growth of government expenditures as a share of GDP

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Definitions:

Frequency

The number of times an event or data value occurs.

Quantitative Data

Numerical values that indicate how much or how many.

Graphical Presentation

The representation of data in a visual format, such as charts or graphs, to make the data easier to understand and interpret.

Number

A mathematical object used to count, measure, and label.