Everything is identical in the countries of Qumar and Rohan except that Qumar has a smaller quantity of capital than the

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Everything Is Identical In The Countries Of Qumar And Rohan Except That Qumar Has A Smaller Quantity Of Capital Than The 1 (14.87 KiB) Viewed 63 times

Everything is identical in the countries of Qumar and Rohan except that Qumar has a smaller quantity of capital than the Rohan. Both countries increase their capital by the same amount. Which country experiences the greater increase in production? A. Qumar has the greater increase in production. O B. The two countries experience similar increases in production. O C. Rohan has the greater increase in production. O D. There is not enough information given to answer this question. C

Between 1916 and 2016, the average growth rate of real GDP per person in the United States was What information does this fact give us about the growth rates of other variables? During this period, O A. inflation; real GDP O B. the population; real GDP O C. GDP; the population O D. real GDP; the population grew at a faster rate than percent a year. C

Which of the following statements are correct? 1. The presence of an incentive system and the institutions that create it guarantees that economic growth will occur. 2. The three institutions that are crucial to the creation of incentives are markets, property rights, and education. 3. Clearly established and enforced property rights provide people with the incentive to work and save. 4. Economic freedom requires free markets. O A. Statements 2 and 4 are correct. B. Statements 1 and 3 are correct. OC. Statements 3 and 4 are correct. O D. Statements 1 and 2 are correct.

Between 1916 and 2016, the average growth rate of real GDP per person in the United States was What information does this fact give us about the growth rates of other variables? During this period, O A. inflation; real GDP O B. the population; real GDP O C. GDP; the population O D. real GDP; the population grew at a faster rate than percent a year. C