Which development would most likely signal that the standard of living has declined in the United States?A.U.S. factories begin producing advanced electronics.B.More Americans have access to affordable health care.C.Fewer American consumers are able to buy luxury goods.D.The U.S. government switches back to the gold standard.

Which development would most likely reduce the standard of living in the United States?A.Wages increase for most American workers.B.It becomes easier for U.S. citizens to get health care.C.U.S. factories begin to produce far fewer goods.D.The U.S. government returns to the gold standard.

Despite having a high standard of living, what problem does the United States struggle with when compared to other developed countries?A.A low gross domestic productB.A poorly ranked health care systemC.High levels of inflationD.High levels of unemploymen

When compared to most other developed countries, the United States:A.has a higher gross domestic product.B.has a higher rate of unemployment.C.has a higher standard of living.D.is more likely to rely on the gold standard.

The United States is considered to have a high standard of living because:A.its currency is no longer tied to precious metals like gold.B.its citizens have access to a wide variety of material goods.C.its businesses rarely have to pay taxes to the federal government.D.the most important sectors of its economy are agricultural.

The shift of industry to developing countries has resulted in –Group of answer choicesa lower standard of living in developing countries.higher unemployment in developing countries.an industrial decline in the United States and Europe.tighter trade restrictions across the globe.