Roughly what was the Democratic Republic of Congo's per capita GDP in 2011?
A) $110
B) $1,100
C) $11,000
D) $110,000
A
Economics
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Which of the following would NOT cause a real business cycle?
A) a sustained change in the price of oil B) a change in the money supply C) a change in technology D) a change in the composition of the labor force
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Other things the same, if a price change causes total revenue to change in the opposite direction, demand is:
A. perfectly inelastic. B. relatively elastic. C. relatively inelastic. D. of unit elasticity.
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