Real GDP Per Person in Both Alpha and Omega Equals

question 82

Multiple Choice

Real GDP per person in both Alpha and Omega equals $2,000.Over the next 100 years,real GDP per person grows at 1% per year in Alpha and at a 2% per year in Omega.After 100 years,real GDP person in Alpha is _________ smaller than real GDP per person in Omega.

• A) $2,000
• B) $4,540
• C) $9,080
• D) $12,495
• E) $15,784

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Definitions:

Foreign Investment

Investment in business ventures or assets in a country by individuals or businesses from another country.

United Nations

A global organization established in 1945 to promote peace, security, and cooperation among countries worldwide.

Successful Globalization

Successful globalization refers to the process whereby businesses expand beyond their domestic borders to integrate into international markets, fostering global economic integration and growth.

Human Rights

Fundamental liberties and privileges inherent to all individuals globally, from their time of birth until their demise.