Which of These Is Likely to Have the Smallest Impact

question 143

Multiple Choice

Which of these is likely to have the smallest impact on a country's growth in real GDP per capita?

• A) a 10% growth in technology
• B) a 10% growth in the population
• C) a 10% growth in the labor force
• D) Equal rates of growth in technology, the population, and the labor force all will have an equal impact on economic growth.

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Definitions:

Capital Gain Transactions

Deals involving the sale of an asset, such as stocks, bonds, or real estate, where the sale price exceeds the purchase price, resulting in income that can be taxed at preferential rates.

Form 1099-B

A form used by brokers and barter exchanges to report proceeds from transactions to the taxpayer and the IRS.

Form 8949

A tax form used by the IRS to report sales and other dispositions of capital assets.

Outstanding Receivables

are amounts owed to a business by its customers for goods or services delivered but not yet paid for.