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O d. More information is required to determine which country had a greater increase in goods and services. 5. Which of the following is defined as the total market value, expressed in dollars, of all final goods and services produced In an economy in a given year? O a. Real GDP per capita O b. Real GDP O c. Nomiai GDP O d. Nominal GDP per capita 6. Bieberville has a real GDP of $200,000 and a population of 2,000. Gomezopolis has a real GDP of $1,000,000 and a population of 1,000. Which country has the higher real GDP per capita? a. Gomezopoliss real GDP per capita is higher b. Bieberville and Gomezopolis have the same real GDP per capita. c. Biebervilles real GDP per capita is higher O O O d. Neither country has a real GDP per capita. 7. Economic growth can be defined as a a sustained rise over time in a nations production of goods and services b. the total market value of all inal goods and services produced in an economy in a given year c. an increase in a familys income over time d an increase in the money supply over time.

5 6 7 plz

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