If real GDP per capita is decreasing, real output is:
a. growing less rapidly than the population.
b. growing more rapidly than the population.
c. growing at the same rate as the population.
d. growing more rapidly than are prices.
Question 2
A person has a comparative advantage in producing a good if that person:
a. can produce the good at a lower absolute cost than anyone else.
b. can produce the good at a lower opportunity cost than anyone else.
c. can do a better job than anyone else.
d. spends more money in out-of-pocket expenses than anyone else.
e. can produce the good at a higher opportunity cost than anyone else.
The Distribution of the World's Land and Population
All computer systems perform four basic functions: input, processing, storage, and output.
Average Annual Growth Rates of Population by Country Group
The Solow Model Incorporating Population Growth
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
Rapidly decreasing sequence costs have enabled the rapid expansion