Suppose that real GDP grew more in Country A than in Country B last year. a. Country A must have a higher standard of living than country B. b. Country A's worker productivity must have grown faster than country B's. c. Both of the above are correct. d. None of the above are correct.
Added by Zachary M.
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The growth of real GDP in a country does indicate economic growth, but it does not necessarily mean that Country A has a higher standard of living than Country B. Standard of living is determined by various factors such as income, quality of health care, Show more…
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