Author Question: Profits are part of the A) factor services. B) monetary value of output. C) final consumer ... (Read 33 times)

sdfghj · **on:** Jun 30, 2018

Profits are part of the

A) factor services. B) monetary value of output.
C) final consumer goods. D) total income.

Question 2

Suppose that Country A and Country B each had the same per capita real Gross Domestic Product (GDP) of 10,000 in 2008.

Country A's per capital real Gross Domestic Product (GDP) had a growth rate of 3 percent per year and Country B's per capital real Gross Domestic Product (GDP) had a growth rate of 4 percent per year. By 2013, the per-capita real Gross Domestic Product (GDP) for the two countries, respectively, were
A) 10,300 and 10,400. B) 11,593 and 12,167.
C) 14,000 and 16,000. D) 11,941 and 12,653.