In Polynomia,real GDP Increased by 8% and the Population Increased

question 3

Multiple Choice

In Polynomia,real GDP increased by 8% and the population increased by 3% in 2012.In 2012,Polynomia experienced

• A)economic growth,but not an increase in living standards.
• B)economic growth and an increase in living standards.
• C)no economic growth,but an increase in living standards.
• D)an economic decline.

---

Definitions:

Job

A set of specified work and task activities that engage an individual in an organization.

Positive Affect

The extent to which an individual experiences positive moods such as joy, interest, and alertness.

Value

The importance, worth, or usefulness of something, often considered in terms of financial, social, or personal significance.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and disclose the results in a transparent manner.