This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Real GDP per person in the country of Flip is 10,000, and the growth rate is 10 percent a year. Real ... (Read 99 times)

burton19126

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
Real GDP per person in the country of Flip is 10,000, and the growth rate is 10 percent a year. Real GDP per person in the country of Flap is 20,000 and the growth rate is 5 percent a year.
 
  When will real GDP per person be greater in Flip than in Flap? A) in 2 years
  B) in 15 years
  C) never
  D) in 10 years

Question 2

Aside from being a means of payment, the other functions of money are
 
  A) medium of exchange and the ability to buy goods and services.
  B) medium of exchange, unit of account, and means of lending.
  C) pricing, contracts, and store of value.
  D) medium of exchange, unit of account, and store of value.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

komodo7

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


burton19126

  • Member
  • Posts: 532
Reply 2 on: Jun 29, 2018
:D TYSM

flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was
The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Human Population Growth Human Population Growth
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library