Q
Increases in real GNP per capita occur when ?
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A
A. Government programs direct resources away from investment goods to consumer goods.
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B
B. Tariffs and quotas prevent dollars from leaving the country
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C
C. The rate of growth of real gnp is greater than the rate of growth of population
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D
D. The level of consumption expenditures rises relative to the level of saving
Correct Answer:
C. C. The rate of growth of real gnp is greater than the rate of growth of population