According to Angus Madison, a leading authority in the area, world per capita GDP

a. increased by about 50 percent during the 800 years following year 1000 . but it increased by nearly tenfold during the past 200 years.
b. increased by nearly tenfold during the 800 years between 1000 and 1813, but it increased by only 50 percent during the past 200 years.
c. has grown steadily during the past 1000 years.
d. Grew at an annual rate of more than 2 percent during 1000-1813, but the annual growth rate has declined as the population increased during the past 200 years.


A

Economics

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The two basic reasons why a monopoly exists are barriers to entry and cost advantages.

Answer the following statement true (T) or false (F)

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Indicate whether the statement is true or false

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Which of the following shifts aggregate demand to the right?

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