Suppose That Real GDP Grew More in Country a Than

question 85

Multiple Choice

Suppose that real GDP grew more in Country A than in Country B last year. Which of the following does this imply concerning productivity or standard of living?

• A)Country A must have a higher standard of living than country B.
• B)Country A's productivity must have grown faster than country B's.
• C)Country A must have a higher real GDP than Country B.
• D)Country A's productivity must have been higher only if the population in the two countries grew at the same rate.

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Definitions:

Positive Discipline

A method of teaching and reinforcing desirable behaviors in employees while minimizing negative or punitive measures.

Performance Problem

Occurs when an employee's work does not meet established standards or expectations due to various factors like lack of skills or motivation.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Downsizing Strategy

A business strategy involving the reduction of a company's workforce in order to cut costs and improve efficiency or profitability.