ECONOMICS 1120108 - 11 $7,400in2016, .8 A $7,607 B $8,496 C $9,472 D $20,720 11 Answer B PageRef:734\/352 LearningOutcome Macro-4:

ECONOMICS 1120108 - 11 $7,400in2016, .8 A $7,607 B $8,496 C...

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11) If real GDP per capita in Ireland is estimated to be $7,400 in 2016, what will real GDP per capitabe in 2021 if real GDP per capita grows at an annual rate of 2.8%?A) $7,607B) $8,496C) $9,472D) $20,720Answer: B11)Page Ref: 734/352Learning Outcome: Macro-4: Explain the sources of productivity growth.12) If real GDP per capita in the United States is $8,000 in 2016, and if real GDP per capita is $12,000in 2026, what is the average annual percent change in the growth rate of GDP per capita between2016 and 2026?12)Page Ref: 735/353Learning Outcome: Macro-4: Explain the sources of productivity growth.13) If real GDP per capita in the United States is $8,000 in 2016, and if real GDP per capita is $12,000in 2026, what is the total percent change in the growth rate of GDP per capita between 2016 and2026?13)Page Ref: 735/353Learning Outcome: Macro-4: Explain the sources of productivity growth.14) Increasing the growth rate of GDP per capita and sustaining this growth rate in an economy can14)Page Ref: 735/353Learning Outcome: Macro-4: Explain the sources of productivity growth.15) Over the past 50 years, deaths among children haveA) declined in nearly all countries, including most low-income countries.B) declined in most high-income countries and have remained relatively unchanged in mostlow-income countries.C) remained relatively unchanged in most high-income countries and have declined in mostlow-income countries.D) declined in most high-income countries and have risen in most low-income countries.Answer: A15)Page Ref: 736-737/354-355Learning Outcome: Macro-4: Explain the sources of productivity growth.16) Which of the following accurately describes economic growth and standards of living between1,000,000 B.C. and 1300 A.D.?16)Page Ref: 733/351Learning Outcome: Macro-4: Explain the sources of productivity growth.
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