Question 31 The supply curve for stand up paddle boards O'd does not shift when the price of stand up paddle boards changes because the price of stand up paddle boards is measured on the vertical axis of the graph. Olb. does not shift when the price of stand up paddle boards changes because the price of stand up paddle boards is measured on the horizontal asis of the graph Of shifts when the price of stand up paddle boards changes because the price of stand up paddle boards is measured on the vertical mis of the graph Old. shifts when the price of stand up paddle boards changes because the quantity supplied of stand up paddle boards is measured on the horizontal axis of the graphQuestion 34 International data on GDP and socioeconomic variables a. are inconclusive about the relationship between GDP and the economic well-being of citizens. Q b. indicate that there are few real differences in living standards around the world, in spite of the large differences in GDP between nations. C, leave no doubt that a nation's GDP is closely associated with its citizens standard of living. ( d. suggest that poor nations actually might enjoy a higher standard of living than do rich nations