Use the following table to answer the next question.YearAltaZornAltaZorn?(Real GDP)(Real GDP)(Population)(Population)1$2,000$150,00020050022,100152,00020250532,200154,000210508Per capita GDP was about

A. $303 in year 3 in Zorn.
B. $5 in year 2 in Alta.
C. $105 in year 3 in Alta.
D. $200 in year 1 in Zorn.

Answer: A

Economics

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Which of the following factors explains why managers of government agencies have little incentive to achieve operational efficiency?

a. Public-sector managers have no fear of bankruptcy when operational efficiency is not achieved. b. Public-sector managers face fierce competition. c. It is relatively easy for voters to detect operational inefficiency in the public sector and do something to correct it. d. All of the above explain why government agencies have little incentive to be efficient.

Economics

An increase in demand for oil, along with a simultaneous increase in supply of oil, will

A. increase price, but whether it increases quantity depends on how much each curve shifts. B. increase quantity, but whether it increases price depends on how much each curve shifts. C. increase price and decrease quantity. D. decrease price and increase quantity.

Economics