Which of the following is a good gauge of economic progress? a. the level of real gdp per person, but not the growth rate of real gdp per person b. neither the level nor the growth rate of real gdp per person c. the level of real gdp per person and the growth rate of real gdp per person d. the growth rate of real gdp per person, but not the level of real gdp per person

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.