ECON 104 EXAM 2 PSU || 100% GUARANTEED PASS RECENT VERSION

The fictitious country of Pamopolis saw its GDP per-capita increase from $620 in 1875
to $3,741 in 1918. What was the average annual growth rate over this time? Enter
percentage and round to 2 decimal places. Do not include the percent sign. For
example, if your answer is 5.347% you would enter 5.35.


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72.58

, The GDP per-capita increased from $25,013 in 2016 to $27,855 in 2017 for a fictitious
country named Pamopolis. What was the growth rate in 2017? Enter percentage and
round to 2 decimal places. Do not include the percent sign. For example, if your
answer is 5.347% you would enter 5.35.


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11.36




Which of the following would increase public saving?


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an increase in taxes




Holding all else constant, a movement from A to C can be explained by:


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NOT a positive technological change




Suppose that an increase in capital per hour worked from $15,000 to $20,000
increases real GDP per hour worked by $500. If capital per hour worked increases
further to $25,000, by how much would you expect real GDP per hour worked to
increase if there are diminishing returns?


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