Differences amongst countries in their standard of living can be attributed to differences in Select one: O a. population size, technology, and productivity. O b. political system, natural resources, and unselfish businesses. O c.skills, physical capital, technology, and institutions. O d. culture, location, education, and work ethic. O e. natural resources, capital, land area, and population size.

Differences amongst countries in their standard of living can be attributed to differences in Select one: O a. population size, technology, and productivity. O b. political system, natural resources, and unselfish businesses. O c.skills, physical capital, technology, and institutions. O d. culture, location, education, and work ethic. O e. natural resources, capital, land area, and population size.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 32P: In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million....

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