The per capita GDP for Japan in 2014 was $48,500 and in 2015 was $49,470. How much did the Japanese per capita GDP grow in 2015?

A) 2 percent
B) -2 percent
C) 3 percent
D) Cannot be determined without further information

A

Economics

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Which of the following is the geometric mean of 4 and 9?

A) 6.5 B) 6 C) 36 D) 3.6

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If the percentage change in price is 10 and the percentage change in quantity supplied is 10, supply is:

A. unaffected by price changes. B. inelastic. C. unit elastic. D. elastic.

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