A nation's standard of living:
a. will increase substantially over time even for a small increase in the growth rate.
b. will increase by the same amount as the increase in the growth rate

c. will decrease substantially over time even for a small increase in the growth rate.
d. will increase less than the amount of the increase in the growth rate.


a

Economics

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Economists believed that the U.S. economy had a (n) ____ in 2006 and 2007

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The product approach to calculating GDP

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Economics