Increases in Real GDP Would Overstate the Increase in the Well-Being

question 188

Multiple Choice

Increases in real GDP would overstate the increase in the well-being of a country over time if,over that time period,the

• A)average hours worked per week increased.
• B)amount of pollution decreased.
• C)price level increased.
• D)crime rate decreased.

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Definitions:

Civil Service Reform Act

Legislation intended to improve and regulate the civil service of the United States by promoting merit-based appointment and ensuring job security for civil servants.

Office of Personnel Management (OPM)

A U.S. federal agency that manages the civil service of the federal government, overseeing human resources policy, personnel management, and health insurance policies for federal employees.

Political Appointees

Individuals who are appointed to certain government positions as a result of their political affiliation or support, rather than through a merit-based system.

Interstate Commerce Commission (ICC)

A former independent agency of the U.S. government, established to regulate the railroad industry and later expanded to oversee other modes of transportation.