Which of the Following Is Most Likely to Be a Major

question 110

Multiple Choice

Which of the following is most likely to be a major source of growth in per capita GDP?

• A) A high investment / GDP ratio
• B) A high rate of inflation
• C) Rapid population growth
• D) Rapid growth in the money supply

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Definitions:

Retail Stores

Physical or online outlets that sell goods directly to consumers.

Neoclassical Economists

Economists who emphasize the importance of supply and demand as forces that regulate price levels and allocate resources in an efficient manner.

Computational Skills

The ability to use mathematical techniques and algorithms to solve problems and perform calculations.

Fairness

A person’s opinion as to whether a price, wage, or allocation is considered morally or ethically acceptable.