Gulmirah, a small underdeveloped country, has an adult population of 16.8 million, and the remaining 13.75 million of the population is below 18 years of age. The approximate output per capita of this country is $644.80 . The GDP of Gulmirah is equal to approximately _____
a. $8.87 billion
b. $10.08 billion
c. $20.30 billion
d. $13.22 billion
e. $19.70 billion
e
Economics
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At lower interest rates the
A) money supply is lower. B) quantity of money demanded is higher. C) money supply is indeterminate. D) quantity of money demanded is lower.
Economics
In the above figure, the combination of computers and televisions shown by point x
A) is not attainable at the point in time for which the graph is drawn. B) can be attained only if some of society's resources are unemployed. C) suggests that the law of increasing relative costs does not hold. D) results only because society allocates its resources inefficiently.
Economics