Question

Which of the following statements illustrates the standard of living

as measured by the Gross Domestic Product?
A. The Smiths can buy everything they want and need.
B. The Jones family lives within walking distance of the public library.
The Williams family is happy that neighborhood crime is on the decline
D. The Johnsons enjoy the mild winters of Georgia

Answer 1

It would be c the Williams family is happy

Answer 2

Answer:C

The market for factors of production connects spending by firms to household income

Explanation:branli