Business, 25.02.2020 19:20 pedroramirezr2
The GDP of the country Sumeria has grown at an average rate of 6 percent over the last two years, while the rate of inflation has remained more or less stable. Macroeconomists in the country are arguing that this increase in GDP is a clear indication of an overall improvement in the well-being of its people. Which of the following, if true about the last two years in Sumeria, would weaken this argument?A. The literacy rates in Sumeria grew at an average rate of 5%. B. Increases in GDP have been caused mainly because of increasing investment expenditure. C. The percentage increase in consumer spending was higher than the percentage increase in government spending. D. The population of Sumeria shrank by 3%. E. The wealthiest Sumerians possess an increasingly large share of Sumeria's wealth.
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The GDP of the country Sumeria has grown at an average rate of 6 percent over the last two years, wh...
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