All eight countries known as the High Performance Asian Economies are outwardly oriented for trade and investment, and all have experienced rapid growth by world standards

One reason regulators push for higher prices in an industry is to

a. prevent excess profits in the industry. b. protect the public from excessively low prices. c. encourage usage of the good or service. d. protect against the demise of existing firms.

If real GDP rises from $500 billion to $510 billion, the economic growth rate is

A. 1.96 percent. B. 2 percent. C. -2 percent. D. 10 percent.