Skip to main content
Macroeconomics
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
My Course
Learn
Exam Prep
AI Tutor
Study Guides
Flashcards
Explore
Try the app
Back
11. Gross Domestic Product (GDP) and Consumer Price Index (CPI)
Download worksheet
Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Problem 11
Problem 12
Problem 13
Problem 14
11. Gross Domestic Product (GDP) and Consumer Price Index (CPI)
Download worksheet
Practice
Summary
1 of 14
Next
11. Gross Domestic Product (GDP) and Consumer Price Index (CPI) / Calculating GDP / Problem 1
Problem 1
Which of the following statements best evaluates the relationship between GDP and citizens' happiness?
A
Lower GDP always results in decreased happiness for citizens.
B
GDP is unrelated to both standard of living and happiness.
C
Higher GDP always results in increased happiness for citizens.
D
Higher GDP generally indicates a higher standard of living, but it does not necessarily correlate with increased happiness.
AI tutor
0
Show Answer