GDP per person tells us the income and expenditure of the

a. richest person in the economy.
b. poorest person in the economy.
c. average person in the economy.
d. entire economy.


c

Economics

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Savings-and-loans are now federally insured through the

A) FDIC. B) FSLIC. C) NCUSIF. D) Comptroller of the Currency.

Economics

An outward shift of the production possibilities curve represents

A) economic contraction. B) economic growth. C) economic recession. D) economic inflation.

Economics

The supply schedule shows the relationship between price and quantity supplied

Indicate whether the statement is true or false

Economics

The law of comparative advantage applies to exchange between

a. individuals. b. regions. c. nations. d. all of the above.

Economics