« previous next »

Author Question: The table below shows data for China. Population (millions) Real GDP (yuan, billions) Nominal GDP ... (Read 102 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 29, 2018
The table below shows data for China.
 
  Population (millions) Real GDP (yuan, billions) Nominal GDP (yuan, billions)
  2000 1267 4999 9921
  2003 1292 6498 13582
  2006 1315 8776 21087
 
  The standard of living between 2003 and 2006 increased by ________.
  A) 55.3 percent
  B) 1.8 percent
  C) 35 percent
  D) 32.7 percent

Question 2

Because each perfectly competitive firm sells a product identical to that of the other firms
 
  A) each firm tries to cut prices to increase its market share.
  B) each firm's output is a perfect substitute for the output of any other firm.
  C) each firm expects to earn some economic profit.
  D) the demand for each firm's product is perfectly inelastic.


heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Three ways that factors affect mortality in response to changes in population density. Three ways that factors affect mortality in response to changes in population density.
tree-ring data tree-ring data
Cotton Production and Slave Population, 1800–1860 Cotton Production and Slave Population, 1800–1860
table table
table table
APA Table - SPSS APA Table - SPSS
Video: Chloroplast Structure & Light Dependent Reactions (Photosystem 1 and 2 Cyclic Electron Flow)

For a complete list of videos, visit our video library