Let growth rate of GDP be g%.
In our case:
Taking log both sides:
gdp per capita 1970 PPP $138.25 2015 PPP $1210.16 Figure 3 60 50 40 30 20 10 -Death rate, crude (per 1,000 peop...
QUESTION 1 Figure 2-5 100 90 80 70 60 50 40 30 20 10 10 20 30 40 50 60 70 80 washe Refer to Figure 2-5. It is possible for this economy to produce O a. 60 dryers and 50 washers. b. 60 dryers and 60 washers. c. 80 dryers and 50 washers. O d. All of the above.
20) Figure 6-28 10 20 30 40 50 60 70 Q Refer to Figure 6-28. Suppose a tax of $6 per unit is imposed on this market. How much will sellers receive per unit after the tax is imposed? $4 between $4 and
Personal Income per Capita by State Cumulative frequency 50 40 за 20 10 48 15 34 15 Per capita income $1000) 27.5 32.5 375 42.5 475 52.5 (i) Ogive Showing Cumulative Percentage of Data Personal Income per Capita by State Percent of states 100% 100 90 80 70 60 50 40 30 20 10 96 30 Per capita income (S1000) 27.5 325 37.542.5 475 52.5 (a) How were the percentages shown in graph (i) computed? 0 The percentages in graph...
e Question Completion Status: The following table shows the GDP per capita of country X for three years GDP per capita 1,500 1,745 2,050 1) Refer to the table above. At what rate did the country grow between 2005 and 2006? 12.49% B) 15.95% C) 16.33% | D) 18% Answer 2) Refer to the table above. At what rate did the country grow between 2006 and 2007? A) 13.63% B) 15.55% C) 17.47% | D) 19.24% Answer 3) Refer to...
Figure: The Market for Productivity Apps Price $6 D, 0 10 20 30 40 50 60 Quantity 36. (Figure: The Market for Productivity Apps) Look at the figure The Market for Productivity Apps. If the government imposes a tax of S1 in this market, consumers will pay A) S0.50; 5 B) S1;5 C) S0.50; 20 D) S1; 25 more per app and purchase fewer apps.
d. $39,500. Figure 6-25 10 10 20 30 40 50 60 70 80 axtity 52. Refer to Figure 6-25. The burden of the tax on buyers is a SI per unit. b. $1.50 per unit. c. $2 per unit. d. $3 per unit 53. Which of the following is not correct?
Figure 8-13 Supply 5 10 15 20 25 Desind 30 35 40 45 50 55 60 B Refer to Figure 8-13. Suppose the government places a $5 per-unit tax on this good. The amount of tax revenue collected by the government is $120. $30. $50. $80.
Question 36 Figure 6-32 Price 20 ELENTEND 10 20 30 40 50 60 70 80 100 Quantity Refer to Figure 6-32. Which of following statements is true based upon the conditions in the market? a shortage will develop when a price ceiling is imposed at a price of S10. a surplus will develop when a price floor is imposed at a price of $8. a surplus will develop when a price floor is imposed at a price of $12. a...
MR Demand 10 20 30 40 50 60 70 80 Duantity Refer to Figure 15-20. The deadweight loss caused by a profit-maximizing monopoly amounts to a. $900. b. $225. c. $1,350. d. $450 Price MC 4+ F + 1 + 2 + 4 Demand 10 11 12 3 5 6 7 8 9 Quantity Refer to Figure 15-11. Which area represents the deadweight loss from monopoly? a. H b. A+B+C+D+F+I+J+H O c. S+H d. J Price MC Demand iMR: 10...
Figure 6-25 Trice Daterte 70 80 quantity 10 20 30 40 50 60 Refer to Figure 6-25. The effective price that sellers receive after the tax is imposed is $5. $6. $7. $8.