A reason that the United States has the largest economy in the world because ________. A. American workers are very productive. B. it has the most land to work with. C. it has a smaller population to support. D. All of the responses are correct.
A reason that the United States has the largest economy in the world because ________. A. American workers are very productive. B. it has the most land to work with. C. it has a smaller population to support. D. All of the responses are correct.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A reason that the United States has the largest economy in the world because ________.
A. American workers are very productive.
B. it has the most land to work with.
C. it has a smaller population to support.
D. All of the responses are correct.
27)
Perhaps the best measure of economic progress is _____
A. the annual inflation rate, since it accounts for what is happening to prices.
B. the growth rate of real
C. the annual growth rate in the population.
D. the amount of working time needed for an individual worker to afford certain goods and services.
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