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:

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Defined areas of the Earth's surface with characteristic physical, political, economic, or cultural features that distinguish them from other areas.

Macro-Level

Describes processes or systems that operate on a large scale, often at a societal or global level, affecting groups or entire populations.

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Factors such as supply and demand, inflation, unemployment, and policies that influence the health and direction of an economy.

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