Which country below has a higher GDP per capita than does the United States?
A. China
B. Norway
C. All three of these countries have a higher GDP per capita than does the United States.
D. Sweden
Answer: B
You might also like to view...
Pat pays $10,000 for a newly issued two-year government bond with a $10,000 face value and a 6 percent coupon rate. One year later, after receiving the first coupon payment, Pat sells the bond. If the current one-year interest rate on government bonds is 5 percent, then the price Pat receives is:
A. $10,000. B. greater than $10,000. C. less than $10,000. D. $500.
Increases in the overall price level:
A. increases people's dollar-denominated wealth. B. generally has no effect on spending. C. result in people reducing their consumption. D. result in people increasing their consumption.
When there is a surplus
A. quantity demanded is greater than quantity supplied. B. quantity supplied is greater than quantity demanded. C. quantity demanded is equal to quantity supplied.
Refer to the information provided in Table 33.1 below to answer the question(s) that follow. Table 33.1
Refer to Table 33.1. Guatemala should specialize in and export ________, and Mexico should specialize in and export ________.
A. bananas; oranges B. oranges; bananas C. bananas; bananas D. oranges; oranges