Real GDP Per Person in Richland Is $20,000, While Real

question 97

Multiple Choice

Real GDP per person in Richland is $20,000, while real GDP per person in Poorland is $10,000. However, Richland's real GDP per person is growing at 1 percent per year, and Poorland's real GDP per person is growing at 2 percent per year. After 50 years, real GDP per person in Richland minus real GDP in Poorland is:

• A)positive and greater than $10,000.
• B)positive but less than $10,000.
• C)zero.
• D)negative.

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Definitions:

Enrichment

The process of increasing the proportion of a desired material or isotope in a mixture.

Nuclear Material

Substances that emit radiation, used in energy production, medicine, and atomic weapons.

Depleted Uranium

Depleted uranium is uranium mainly consisting of the isotope uranium-238, having a lower content of uranium-235 than natural uranium, commonly used in military applications and for counterweights.

Uranium Isotope

Variants of the uranium atom with the same number of protons but differing numbers of neutrons, including uranium-235 and uranium-238, significant in nuclear power and weaponry.