When Can We Assume That Increases in Real GDP Per

question 158

Multiple Choice

When can we assume that increases in real GDP per capita from year to year are also increases in the economic welfare of a country?

• A)If taxation also decreases.
• B)If the quality of products and services,leisure time and environmental conditions all do not change.
• C)If environmental conditions improve and leisure time is reduced by an increase in the average work week.
• D)If the amount of net exports rises.

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Definitions:

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The leader or presiding officer of a committee, board, or other formal organizational meetings.

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