Chat with AIExam 9: Global Economic Growth and Development
Exam 1: The Nature of Economics347 Questions
Exam 2: Scarcity and the World of Trade-Offs411 Questions
Exam 3: Demand and Supply442 Questions
Exam 4: Extensions of Demand and Supply Analysis399 Questions
Exam 5: Public Spending and Public Choice359 Questions
Exam 6: Funding the Public Sector197 Questions
Exam 7: The Macroeconomy: Unemployment, inflation, and Deflation412 Questions
Exam 8: Measuring the Economys Performance416 Questions
Exam 9: Global Economic Growth and Development282 Questions
Exam 10: Real GDP and the Price Level in the Long Run290 Questions
Exam 11: Classical and Keynesian Macro Analyses365 Questions
Exam 12: Consumption, real GDP, and the Multiplier445 Questions
Exam 13: Fiscal Policy273 Questions
Exam 14: Deficit Spending and the Public Debt145 Questions
Exam 15: Money, banking, and Central Banking517 Questions
Exam 16: Domestic and International Dimensions of Monetary Policy354 Questions
Exam 17: Stabilization in an Integrated World Economy295 Questions
Exam 18: Policies and Prospects for Global Economic Growth216 Questions
Exam 32: Comparative Advantage and the Open Economy279 Questions
Exam 33: Exchange Rates and the Balance of Payments300 Questions
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Suppose two countries have per capita real GDP of $20,000 in 2010.Country A has a growth rate of 4 percent and Country B has a growth rate of 5 percent.By 2013,the per capita real GDPs for the two countries,respectively,are (rounded)
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Which of the following is a true statement?
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For developing countries,one of the more effective ways to become more developed is
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(35) The reason that the government offers inventors exclusive rights to their product for a period of time is to
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(38) Countries are concerned about small changes in their average annual growth rates in per capita income because
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-Refer to the above table.Suppose one country has a per capita real GDP of $1000 and another has a per capita real GDP of $10,000,or ten times larger.If both countries have a growth rate of 5 percent,how much larger will per capita real GDP be in the second country be than the first after 50 years?
-Refer to the above table.Suppose one country has a per capita real GDP of $1000 and another has a per capita real GDP of $10,000,or ten times larger.If both countries have a growth rate of 5 percent,how much larger will per capita real GDP be in the second country be than the first after 50 years? (Multiple Choice)
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(30) The modification of manufacturing processes so as to reduce the resulting environmental damage is an endeavor that requires capital investment,labor inputs,and technology.What then follows from this statement?
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(40) Which of the following is an important factor affecting economic growth?
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(32) An important factor in determining a country's rate of economic growth is
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(33) Economists have found that as a nation's per capita real Gross Domestic Product (GDP)increases,
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(43) A government grant that gives an inventor the exclusive right or privilege to make,use,or sell his or her invention is known as
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(42) Suppose per capita real GDP grows by 7% per year.Based on the Rule of 70,approximately how many years will it take for the level of per capita real GDP to double?
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-Refer to the above table.Which country has the lowest increase in per capita real GDP between 2012 and 2013?
-Refer to the above table.Which country has the lowest increase in per capita real GDP between 2012 and 2013? (Multiple Choice)
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(39) Which of the following is NOT associated with the new growth theory?
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(29) Which of the following factors would economists consider "key" to economic development?
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