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1.The inputs used to produce goods and services are also called a.productivity indicators. b.capitalization producers. c.production functions. d.factors of production. 2.Suppose that real GDP grew
1.The inputs used to produce goods and services are also called
a.productivity indicators.
b.capitalization producers.
c.production functions.
d.factors of production.
2.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 productivity must have grown faster than country B's.
c. Both of the above are correct.
d. None of the above is correct
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