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China's output grew at an amazing rate of 8 percent per year from 2010 to 2014. a. At that rate how long would it take for China's GDP to double? 9.0 years b. With its population increasing at 0.6 percent per year, how long will it take for per capita GDP to double? 13.3 years Hint: Per capita GDP growth is equal to GDP growth minus population growth.
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Aprice control is: question 1 options: a)a tax on the sale of a good that controls the market price.b)an upper limit on the quantity of some good that can be bought or sold.c)a legal restriction on how high or low a price in a market may go.d)control of the price of a good by the firm that produces it.
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What is one counter argument to the premise that the wealth gap is a serious problem which needs to be addressed?
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After jeff bezos read about how the internet was growing by 2,000 percent a month, he set out to use the internet as a new distribution channel and founded amazon, which is now the world's largest online retailer. this is clearly an example of a(n)a. firm that uses closed innovation. b. entrepreneur who commercialized invention into an innovation. c. business that entered the industry during its maturity stage. d. exception to the long tail business model
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China's output grew at an amazing rate of 8 percent per year from 2010 to 2014. a. At that rate how...
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