According to the above table, if per capita real GDP is currently $100, then at a constant annual rate of growth of 8 percent, per capita real GDP ten years from now will be equal to

A. $259.
B. $214.
C. $216.
D. $200.

Answer: C

Economics

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According to the above table, if real Gross Domestic Product (GDP) equals $30,000, what is the average propensity to consume?

A) 0.75 B) 0.67 C) 0.8 D) 0.87

Economics

If a 10% currency appreciation results in a 10% decrease in the price of imported goods, then this is called

A) a complete pass-through. B) the Marshall Lerner condition. C) a partial pass-through. D) import inflation.

Economics