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Author Question: Which of the following equations is correct? A) rate of growth of per capita real GDP = rate of ... (Read 72 times)

fnuegbu

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Which of the following equations is correct?
 
  A) rate of growth of per capita real GDP = rate of growth in real GDP - rate of growth of population
  B) rate of growth of per capita real GDP = rate of growth in real GDP + rate of growth of population
  C) rate of growth in real GDP = rate of growth of per capita real GDP - rate of growth of population
  D) rate of growth in real GDP = rate of growth of per capita real GDP + rate of growth of population

Question 2

If a decrease in the price of good A causes a decrease in demand for good B, the two goods are
 
  A) substitutes.
  B) complements.
  C) normal.
  D) inferior.


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bfulkerson77

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fnuegbu

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


bassamabas

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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