What is/are the difference(s) between changes in real GDP and changes in real per capital GDP? How has world real per capita GDP changed over the past two millennia? Compare the per capita growth achievements by region.
Answer to relevant QuestionsYou have to have a workable investment project to make a profit. That's under your control. But political risk, which affects profitability of any project, is not under your control. Explain. In 2010, the economy's resource base consists of 10 laborers and a capital stock of $50. Its capital output ratio is 2. In 2011, its capital stock increases to $75, while the number of laborers and capital output ratio ...The demand for money is inversely related to the interest rate. Explain. What caused the Great Bank Crash of 1929? Why is the Fed more effective in preventing the money supply from increasing than in increasing the money supply?
Post your question