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Unformatted text preview: arks, “But I thought
China was a poor country. How can a poor country have a
high gross domestic product?”
• How can a country have a high GDP and be
2:34 P.M. Beverlee Smith picks up the phone to
call her parents, both of whom are retired. When her
father answers the phone, Beverlee blurts out, “I got
the job. And I got the salary I asked for—$60,000.” Her
father replies, “That’s a great salary—you’re rich. After
all, your mother and I lived comfortably on my first
salary of $8,000.”
• What mistake is Beverlee’s father making in
comparing his first salary (years ago) with her
8:00 P.M. Jimmy and Ellie are in their
seats in the dark movie theater as the trailers play.
They’re waiting for the start of the movie. Ads for
the movie have been running on television for
weeks. Jimmy turns to Ellie and whispers, “I heard
that this movie might be the biggest box office hit of
all time—even bigger than Titanic.”
• What’s the best way to compare the gross
receipts of two movies?
11:03 P.M. Sam is watching a report on th...
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This document was uploaded on 01/16/2014.
- Winter '14