Answer:
An increase in overall levels of prices in the economy
Explanation:
Increment of the whole prices in goods, services and commodities will affect a nation and it will show which country is capable of withholding such standard of living.
Answer:
The correct answer is letter "C": productivity.
Explanation:
Productivity describes the output relationship compared to the inputs required to produce those outputs. It is an efficiency indicator. The total production of a country for a given period is calculated by computing its Gross Domestic Product (GDP).
When GDP is divided by the total population of a country, it is called GDP per capita, reflecting average individual expenditure. This metric makes it possible to have an idea of what those people's lifestyles are.
