1. 2. Which of the following would give you the best indication of how the stand
ID: 1173208 • Letter: 1
Question
1.
2.
Which of the following would give you the best indication of how the standard of living of the average person in a country has changed over time? level of nominal GDP level of real GDP real GDP per person growth rate of nominal GDP growth rate of real GDP growth rate of real GDP per person Economists differ in their views of the role of the government in promoting economic growth. Which of the following policies would economists, in general, find most controversial and least conducive to economic growth? lend support to the invisible hand by maintaining property rights and political stability encourage capital formation promote education impose trade restrictions to protect the interests of domestic producers and consumers.Explanation / Answer
1.REAL GDP PER PERSON .
2. IMPOSE TRADE RESTRICTIONS TO PROTECT THE INTEREST OF DOMESTIC PRODUCERS AND CONSUMERS.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.