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China's current rate of GDP growth is quite rapid.Its current growth rate is probably three times that of the United States.However,the levels of pollution are much higher in China.Would you consider China to be better off than the United States given this information? Why or why not?
Worker
An individual who performs tasks or services for compensation; commonly refers to employees or laborers in various industries.
Average Variable Costs
The cost per unit of producing each good or service, excluding any fixed costs.
Average Total Costs
The total cost of production divided by the quantity of output produced, representing the cost per unit of output.
Total Variable Costs
The total of all costs that vary with the level of output, including expenses such as raw materials, labor, and utilities that increase as production expands.
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