In 2000 . the real GDP for Malaysia was 93.15 trillion ringgit (MYR) and the population size was 20.5 million, then per capita real GDP for the year was approximately equal to _____

An important foundation of the new growth theory is that

A) we will get more technological advances when the rewards for producing them are greater. B) the growth rate of the capital stock is more important than the growth rate of new knowledge in generating economic growth. C) we will get more technological advances the more the government is involved. D) improvements in labor productivity are poor measures of technological growth.

Giving the store clerk a $20 bill for a sweater priced at $20 is an example of money serving as a

A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred value.