Increased production, but not increased inflation, will result in higher:

Airlines offer lower prices to vacationers than to business travelers because

A) of government regulations requiring them to do so. B) business travelers do not care at all about costs. C) business travelers are less flexible in their travel plans than vacationers are. D) airlines know that business travelers enjoy flying more than vacationers do.

According to the rule of 70, a country will double its real GDP per capita in 10 years if it:

A. experiences a 7 percent growth rate in per-capita GDP. B. has inflation of 7 percent. C. has a population growth rate of 7 percent. D. None of these is true.