Assume that the real income of developing Island increases from $120,000 to $160,000 from 2005 to 2006 while its population expands from 1000 to 1100 during the same period Real income per capita has increased by about ?

Related Mcqs:

Peasants are ?

A. rural politicians B. rural cultivators C. rural industrialist D. rural, religious group...

A country’s capital stock is the ?

A. approximated investment minus actual investment B. inflow of investment from abroad C. sum of previous gross investment minus depreciation D. difference between GDP and capital consumption...

Economic rent ?

A. is productive activity to obtain private benefit from public action and resources B. are the payments above the minimum essential to attract the resources to the market? C. is the wage used to pay unskilled workers? D. does not include monopoly profits...

Which one of the following countries is not a high-income country ?

A. Germany B. United Kingdom C. Canada D. Mexico...

Dual economies are countries ?

A. with double capital and labor/ B. with a modern manufacturing sector as well as traditional agriculture sector C. that specialize in labor intensive products more than capital intensive products D. with foreign owned and domestically owned capital...