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 are correct.

Question

Quizplus · Accepted Answer

Real GDP growth does not necessarily imply a higher standard of living or faster productivity growth, as it does not account for population growth or other factors affecting living standards and productivity.

Suppose That Real GDP Grew More in Country a Than