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:

Oliver's company is planning the launch of their hybrid cars. the company has included "never-before-seen" product benefits in the hybrid cars. which type of advertising should oliver's company use for the new cars?

The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?