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4 June, 20:25

Which is the best explanation for why standard of living only increases through productivity

A. Prices are determined by the standard of living.

B. The more goods that are available, the lower prices will be.

C. Purchasing power increases when there is more consumer choice.

D. Productivity increases the money supply in an economy.

E. More goods are available without having to come by additional resources.

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Answers (1)
  1. 4 June, 20:55
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    A is the answer the quantity of goods and services produced from each unit of labor input
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