If real GDP for Mexico was 19.8 trillion pesos at the end of 1999 and 21.3 trillion pesos at the end of 2000 . then Mexico's economy grew at an annual rate of _____

a. -0.015%
b. 4.4 %
c. 4.2%
d. 7.57%
e. 3.8%

d

Economics

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Interindustry trade is not based on comparative advantage since it consists of the export and import of similar goods

Indicate whether the statement is true or false

Economics

Scatterbrain Samantha often forgets to lock her house. This has caused the probability of a burglary to be 30%. If her house gets broken into, she faces a property loss of $10,000, otherwise she gets to keep her $100,000 . What is the minimum price an insurance company could offer (if it had no other costs)?

a. $10,000 b. $3,000 c. $100,000 d. $5,000

Economics