*To achieve a high standard of living, a nation should:
A. increase welfare payments to the poor.
B. use less capital and more labor in the production process.
C. promote economic growth.
D. increase the tax deduction for child dependents.
Answer:C
*To achieve a high standard of living, a nation should:
A. increase welfare payments to the poor. B. use less capital and more labor in the production process. C. promote economic growth. D. increase the tax deduction for child dependents.
Explanation: Type: Multiple Choice