Answer:
As a result, real GDP per capita <u>WILL INCREASE</u> because real GDP rose <u>MORE</u> than the population.
Explanation:
increase in real GDP = $106 - $101 = $5 billion, or 4.95%
population increase = 51 - 50 = 1 million people, or 2%
real GDP per capita 2010 = $101,000 / 50 = $2,020
real GDP per capita 2011 = $106,000 / 51 = $2,078
since the real GDP increased by almost 5%, while the population increased only by 2%, the real GDP per capita will increase by 2.9%
Answer:
I believe it's C. Consumer
Explanation:
Answer:
The correct answer is 2.5%
Explanation:
The rate of inflation is always factored in when calculating the expected market interest for a year.
From the example, the expected real rate of return/interest rate = 2.0 percent
Factoring in an expected 0.5% inflation rate,
= 2.0 + 0.5 = 2.5%
The expected market interest rate for a one-year U.S. Treasury Security = 2.5%
The dilemma is to decide whether to ignore mother's orders or comply with them in this situation.
<h3>What is Opportunity Cost?</h3>
Opportunity Cost refers to the losses incurred on leaving the other possible alternatives in the decision making and choosing the one. It is the value of the best alternative choose in the process of the decision making.
In the Above situation,the individual would enjoy with friends if he goes to watch the movie However it can lead to trouble with his mother.
However, if individual does cleaning of the lawn; the price would be the fun you would have to forgo.
The best course of action would be to obey your mother because the consequences of doing otherwise are much worse.
Learn more about Opportunity Cost here:
brainly.com/question/12121515
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