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ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Alta (Real
Zorn (Real
GDP)
Year
Alta
Zorn
GDP)
(Population) (Population)
$2,000
$150,000
200
500
2
2, 200
152,000
202
505
3
2,300
154,000
210
508
Refer to the table. Between years 1 and 2, real GDP grew by.
percent In Alta.
Multiple Cholce
10
2
3.
Transcribed Image Text:Alta (Real Zorn (Real GDP) Year Alta Zorn GDP) (Population) (Population) $2,000 $150,000 200 500 2 2, 200 152,000 202 505 3 2,300 154,000 210 508 Refer to the table. Between years 1 and 2, real GDP grew by. percent In Alta. Multiple Cholce 10 2 3.
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Use the following to answer questions 9-12:

 


    58.    Refer to the above table.  Between years 1 and 2, real GDP grew by __________ percent in Alta:
    A)    3 percent.      B)   4 percent.   
    C)    5 percent.      D)  10 percent.

    59.    Refer to the above table.  Between years 1 and 2, real GDP per capita grew by __________ percent in Alta:
    A)    3       B)  4   
    C)    5       D)  10
 
    60.    Refer to the above table. Between years 2 and 3:
    A)    Alta's real GDP grew more rapidly than Zorn's real GDP.       B) real GDP fell in Zorn.
    C)    population growth reduced Alta's real GDP growth to zero.    D) population fell in Alta.

 

 Refer to the above table. Per capita GDP was about:
    A)    $105 in year 3 in Alta.    B)    $303 in year 3 in Zorn.
    C)    $200 in year 1 in Zorn.                                           D)    $5 in year 2 in Alta.

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