In a Small Asian Country,it Is Estimated That Changing the Level

question 10

Multiple Choice

In a small Asian country,it is estimated that changing the level of capital from $8 million to $12 million will increase real GDP from $4 million to $6 million.What level of GDP would you expect the economy to be able to reach if spending on capital continued to rise to $16 million,assuming no technological change and no change in the hours of work?

• A)GDP would increase further,but by less than $2 million.
• B)GDP would increase further by exactly $2 million.
• C)GDP would increase further by more than $2 million
• D)GDP would increase further by exactly $8 million.

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Definitions:

Lungs

Pair of respiratory organs in the chest of vertebrates where blood is oxygenated.

Air

The unseen mixture of gases that envelops the Earth, primarily composed of oxygen and nitrogen.

P Wave

A component of an electrocardiogram (ECG) representing the depolarization of the atria preceding a heartbeat.

Sinoatrial Node

The heart's natural pacemaker, located in the right atrium, responsible for initiating the heartbeat.