In January 2015, Tim's Gyms, Inc owned machines valued at 1 million. During the year, the market value of the equipment fell by 30 percent. During 2015, Tim spent 200,000 on new machines. During 2015, Tim's net investment totaled
A) 1 million.
B) -300,000.
C) 200,000.
D) -100,000.
Question 2
During 2013, the country of Economia had a real GDP of 115 billion and the population was 0.9 billion. In 2012, real GDP was 105 billion and the population was 0.85 billion. Economia's growth rate of real GDP per person is
A) 3.23 percent.
B) 5 percent.
C) 5.88 percent.
D) 9.52 percent.
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