If Real GDP Remains Unchanged, the Population Size Is Stationary

question 17

Multiple Choice

If real GDP remains unchanged, the population size is stationary, and people have more leisure time, then per capita real GDP will _____.

• A)overstate actual economic growth
• B)understate actual economic growth
• C)be the most accurate measure of actual economic growth
• D)show that actual economic growth was negative
• E)show that actual economic growth was positive

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Definitions:

Deductive Step

A part of reasoning where the conclusion is necessarily derived from the premises.

Modus Ponens

A logical argument form that, given premises "If P, then Q" and "P," concludes "Q," exemplifying a valid deductive reasoning pattern.

Disjunctive Syllogism

A valid argument form in logic where, given a disjunction and the negation of one of its terms, one logically infers the truth of the other term.

Argument By Analogy

A form of reasoning where a similarity between two cases is used to assert a similar conclusion for them.