Suppose that Country A and Country B each had the same per capita real Gross Domestic Product (GDP) of $10,000 in 2008
Country A's per capital real Gross Domestic Product (GDP) had a growth rate of 3 percent per year and Country B's per capital real Gross Domestic Product (GDP) had a growth rate of 4 percent per year. By 2013, the per-capita real Gross Domestic Product (GDP) for the two countries, respectively, were
A) $10,300 and $10,400. B) $11,593 and $12,167.
C) $14,000 and $16,000. D) $11,941 and $12,653.
B
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The demand curve faced by a perfectly competitive firm is
A) horizontal. B) vertical. C) downward sloping. D) upward sloping. E) U-shaped.
Which of the following is TRUE regarding money market mutual funds?
I. Money market mutual funds buy highly liquid assets like Treasury bills. II. Shareholders can obtain loans from money market mutual funds. A) I only B) II only C) both I and II D) neither I nor II
Time is primarily a __________ that can be measured in units
a. Value b. Goal c. Resource d. Decision device
The accounting-based performance analysis:
A. provides inexpensive information on opportunity costs. B. provides aggregate level data that is insufficient for decision making. C. is completely under the control of the operating managers. D. is a true reflector of a particular management center's functioning.