Real GDP Per Person in the Country of Flip Is

question 219

Multiple Choice

Real GDP per person in the country of Flip is $10,000, and the growth rate is 10 percent a year. Real GDP per person in the country of Flap is $20,000 and the growth rate is 5 percent a year. When will real GDP per person be greater in Flip than in Flap?

• A) in 2 years
• B) never
• C) in 10 years
• D) in 15 years

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Definitions:

Persuasive Process

The strategy of influencing or convincing others to adopt a certain viewpoint or to take a specific action.

AIDA

Stands for Attention, Interest, Desire, and Action; a marketing model that outlines the process for creating effective advertisements and promotions.

Persuasive Message

Communication aimed at influencing the thoughts, beliefs, or actions of others through reasoned argument.

Product

Any good, service, or idea that is offered to the market for sale, use, or consumption, and can satisfy a need or want.