Country X has experienced GDP growth of 4 percent and a population growth of 5 percent. What is this country's growth of per capita real GDP?

Early developers within a given industry benefit from economies of scale, in that they are able to

a. produce larger volumes at a lower cost. b. shape the product based on what the consumer wants. c. avoid competition by creating a monopoly. d. start big instead of having to start small.

Ownership certificates in a company are known as:

a. charter b. stock c. dividends d. debt