According to the above table, if per capita real GDP is currently $1000, then at a constant annual rate of growth of 8 percent, per capita real GDP ten years from now will be equal to

A) $2140. B) $2160. C) $2000. D) $2590.

B

Economics

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Hogrocket, which developed the Tiny Invaders game for the iPhone, found that to maintain sales in a profitable competitive market, the price of a product

A) will usually rise. B) will usually remain stable. C) will eventually fall to zero. D) will usually fall.

Economics

Macroeconomists test their theories using controlled economy-wide experiments of various kinds

a. True b. False Indicate whether the statement is true or false

Economics