During 2014, the country of Economia had a real GDP of $115 billion and the population was 0.9 billion. In 2013, real GDP was 105 billion and the population was 0.85 billion. In 2014, real GDP per person was

Refer to Figure 9-5. Without the tariff in place, the United States consumes

A) 12 million pounds of coffee. B) 26 million pounds of coffee. C) 33 million pounds of coffee. D) 45 million pounds of coffee.

A key factor in producing high economic growth is

A) eliminating foreign trade. B) well-functioning financial markets. C) high interest rates. D) stock market volatility.