If real GDP per capita in the United States is $8,000, what will real GDP per capita in the United States be after 5 years if real GDP per capita grows at an annual rate of 3.2%?

In the above figure, if the price is $8 then there is a

A) surplus of 100. B) surplus of 200. C) shortage of 100. D) shortage of 200.

A creative response to regulations can be described as

A) conforming to the letter of the law but undermining its spirit. B) totally conforming to the law. C) completely ignoring the law. D) none of the above.