The following table shows values of annual real GDP per capita over time. Use it to answer the next question.1810$1,5001860$2,1001910$3,9001960$18,0002010$43,600Between which years was the rate of growth in real GDP per capita the highest?

A. 1960 to 2010
B. 1860 to 1910
C. 1810 to 1860
D. 1910 to 1960

Answer: D

Economics

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Economics

For the following question assume the following facts:

(1 ) Balance of Payments = 0 prior to the transactions. (2 ) Person A (who lives in the United States) purchases an airplane from British Airways for $150,000. (3 ) Person A pays with a check from his account at First Union Bank in the United States. (4 ) British airways, since it will need dollars in 1 month, deposits the check at the Bank of England. (5 ) Bank of England deposits the $150,000 at Commonwealth bank, which is located in the United States. Due to the transactions above, what are the effects on the balance of payments? A) -$150,000 due to import of good (current account debit) B) +$150,000 due to import of good (current account credit) C) -$150,000 due to deposit of Bank of England (capital account debit) D) +$150,000 due to deposit of Bank of England (capital account credit) E) No effect (150,000 current account debit and 150,000 capital account credit)

Economics