One Way to Achieve Faster Growth in GDP Per Person

question 62

Multiple Choice

One way to achieve faster growth in GDP per person is to increase the

• A) growth rate of the population.
• B) limits on international trade in order to keep more of total spending on domestically produced goods.
• C) number of women working in the home rather than in the workforce.
• D) growth rate of human capital.
• E) growth rate of the quantity of money.

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Definitions:

Representative Sample

A segment of a population that accurately represents the attributes of the total population.

Random Sample

A sampling method where each member of a population has an equal chance of being included in the sample, reducing bias and increasing the generalizability of results.

Representative Sample

A part of a population that precisely mirrors the characteristics of the whole population.

Random Sample

A random sample is a method of selecting a subset of individuals from a statistical population, where each individual has an equal chance of being chosen, ensuring representation.