What Is the Measure Most Commonly Used by Economists to Gauge

question 61

Multiple Choice

What is the measure most commonly used by economists to gauge the standard of living of a nation?

• A)capital investment
• B)labour productivity
• C)real GDP per capita
• D)real GDP

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Definitions:

Water Molecule

A chemical entity consisting of one oxygen and two hydrogen atoms, connected by covalent bonds, essential for most forms of life.

Electronegativity

A measure of an atom's ability to attract and hold electrons within a chemical bond.

Cations

Positively charged atoms.

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonding and electricity.