Q
Increasing in the 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 countries from trading and thus prevent dollars from leaving each country
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C
C. The rate of growth in real gnp is greater than the rate of growth in the population
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D
D. The level of consumption expenditures rises relative to the level of savings
Correct Answer:
C. C. The rate of growth in real gnp is greater than the rate of growth in the population