Answer:
D. A person who looks like a donkey with long ears and a long nose
The more reliable measure for comparing changes in the standard of living over a series of years is increase in GDP per capital.
<h3>What is GDP per capita?</h3>
GDP per capita serves as the measures that is been used in economic output of a nation per person.
It helps in the determining the prosperity of a nation as regards the economic growth per person in that nation, hence, The more reliable measure for comparing changes in the standard of living over a series of years is increase in GDP per capital.
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The American Economy is called a Mixed Economy because it is a mixture of a command economy, traditional economy and a market economy.
Answer:
b) The education and skill level of its workforce
Explanation:
This is because the high the education of the workforce the high the GDP.
<span>The metaphor of the invisible hand is meant to describe the ability of a free market to be able to balance itself out. Given the ability of the economic market to adjust for error, the invisible hand would seemingly claim that any inequalities would be ultimately balanced as a result of the invisible force.</span>
