A nation's real GDP was $250 billion in 2014 and $265 billion in 2015. Its population was 120 million in 2014 and 125 million in 2015. What is its real GDP growth rate in 2015?

A. 1.1%
B. 5.7%
C. 6.0%
D. 15.0%

Answer: C

Economics

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A. 80,000 B. 20,000 C. 40,000 D. 60,000

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In order to achieve an efficient result a pollution tax must:

A. be equal to the external cost generated. B. not be passed through to the consumers of the produced good. C. be equal to the social cost of production. D. be shared equally by the producer and the consumer of the produced good.

Economics