Posted: May 18th, 2023
Suppose GDP was constant over a period of years and yet living
Suppose GDP was constant over a period of years and yet living standards increased. Which of the following mightnot be a reason for this?a)There might be an increase in household production.b)There might be an increase in production by the underground economy.c)There might be an increase in exports.d) There might be an increase in leisure.
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