In a Mexican factory, each worker can produce 1/8 of a vase or 1/16 of a statue per hour. If there are 400 workers at the factory, the maximum number of vases that could be produced in one hour is
a. 400
b. 25
c. 50
d. 100
e. 80
C
Economics
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If the average annual growth rate in real GDP for a nation during the last decade was 4 percent per year and the average annual population growth rate was 3 percent per year during the same period, then the average annual growth rate of per capita
GDP was A) 1.00 percent. B) 1.33 percent. C) 0.75 percent. D) -1.00 percent.
Economics
Which of the following would not be included in government purchases?
a. The purchase of a computer by a government agency b. Welfare payments c. Wages of government employees d. The purchase of a police car e. Spending on a new missile program
Economics