Refer to the above table. If an economy's current per capita real GDP is $3,000, and if its economy grows at an constant annual rate of 5 percent for 50 years, what will be its per capita real GDP at the end of that period?

A. $34,500
B. $55,200
C. $21,330
D. $13,140


Answer: A

Economics

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Refer to the information provided in Figure 24.5 below to answer the question(s) that follow. Figure 24.5Refer to Figure 24.5. If the economy is in equilibrium and the government increases taxes by $100 billion, equilibrium aggregate output ________ to $________ billion.

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Economics