MCQOPTIONS
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| 1. |
Increasing in the real GNP per capita occur when ? |
| A. | government programs direct resources away from investment goods to consumer goods. |
| B. | tariffs and quotas prevent countries from trading and thus prevent dollars from leaving each country |
| C. | the rate of growth in real GNP is greater than the rate of growth in the population |
| D. | the level of consumption expenditures rises relative to the level of savings |
| Answer» D. the level of consumption expenditures rises relative to the level of savings | |