If real GDP for Mexico was 19.8 trillion pesos at the end of 1999 ...

[student77]

If real GDP for Mexico was 19.8 trillion pesos at the end of 1999 and 21.3 trillion pesos at the end of 2000 . then Mexico's economy grew at an annual rate of _____.
 a. -0.015
  b. 4.4
  c. 4.2
  d. 7.57
  e. 3.8

Question 2

Good A has an income elasticity equal to 1.0 and a cross price elasticity with respect to Good B of -0.6 . Then:
 a. Good A is an inferior good and Goods A and B are substitutes.
  b. Good A is an inferior good and Goods A and B are complements.
  c. Good A is a normal good and Goods A and B are substitutes.
 d. Good A is a normal good and Goods A and B are complements.

[Dnite]

Answer to Question 1

d

Answer to Question 2

d

[student77]

Gracias!

[emsimon14]

TYSM