This topic contains a solution. Click here to go to the answer

Author Question: Country A's GDP per capita in the beginning of 2005 was 22,150. In the beginning of 2006, it ... (Read 122 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
Country A's GDP per capita in the beginning of 2005 was 22,150. In the beginning of 2006, it increased to 27,600. Calculate country A's growth rate of GDP per capita between 2005 and 2006.
 
  What will be an ideal response?

Question 2

The curve that displays total planned real spending on goods and services at each price level by households, businesses, the government, and foreign residents is called
 
  A) the employment curve. B) the aggregate demand curve.
  C) the price level curve. D) the aggregate supply curve.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reelove4eva

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

In this case, the growth rate of GDP per capita of country A
= (27,600 - 22,150)/22,150 = 0.2460 = 24.60.

Answer to Question 2

B




panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 30, 2018
Excellent


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library