If Real GDP Per Capita in Ireland Is Estimated to Be

question 209

Multiple Choice

If real GDP per capita in Ireland is estimated to be $7,400 in 2014,what will real GDP per capita be in 2019 if real GDP per capita grows at an annual rate of 2.8%?

• A)$7,607
• B)$8,496
• C)$9,472
• D)$20,720

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Definitions:

Capital-Intensive

Refers to businesses or industries that require significant amounts of capital investment in machinery, equipment, or large-scale infrastructure to produce goods or services.