If real GDP per capita doubles between 2005 and 2020, what is the average annual growth rate of real GDP per capita?

Suppose a fishing boat currently brings 10,000 fish to market and earns a profit of $40,000 when the price of fish is $8 . Suppose the boat dealer had overcharged the boat owner for the boat. Upon receiving a refund of $25,000 from the dealer, what will happen to the AVC of producing 10,000 fish?

a. increases by $25 b. increases by $2.50 c. does not change d. decreases by $2.50 e. decreases by $25

A country has GDP of $700 billion, consumption of $450 billion, government expenditures of $100 billion, and domestic investment of $200 billion. What is its supply of loanable funds?

a. $350 billion b. $250 billion c. $200 billion d. $150 billion