Refer to the table above. If country X is expected to grow by 19% between the years 2007 and 2008, what is the expected GDP per capita for the year 2008?

A) $2,439.50 B) $3,015 C) $2,763.90 D) $1,882

A

Economics

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Real expenditures on Medicare and Medicaid

a. rose during the 1970s and 1980s, but they have been declining since 1990. b. fell during the 1970s and 1980s, but they have been increasing since 1990. c. increased at about the same rate as real GDP during the last three decades. d. have approximately doubled during each of the last three decades.

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Because people move into and out of the labor force so often, statistics on unemployment are difficult to interpret

a. True b. False Indicate whether the statement is true or false

Economics