08 Question (2 points) w 1st attempt Part 1 (1 point) See Hint Nominal GDP rates

Question

08 Question (2 points) w 1st attempt Part 1 (1 point) See Hint Nominal GDP rates. The table below gives statistics for Argentina in a recent year in Argentina has grown rapidly in recent years. But historically. Argentina is a country that has struggled with inflation or Population Nominal GDP GDP deflat growth rate prowth rate 14.8% 1.1% % (Round your answer to the nearest tenth.) What was the rate of economic growth for Argentina? See Hint Part 2 (1point) If Argentina continues to grow at its current rate óf economic growth, how long will it take to double the level of per capita real GDP Round your answer to the nearest tenth. years

Explanation / Answer

Part 1 ( 1 Point)

Answer : 2.14%

Part 2 ( 1 Point)

Answer : 2 Years

Technology is

Answer : [C] : knowlege that is available for use in other production.

Which of the following is not an example of technological advancement.

Answer : [B] Sand in cows stall to increase milk production.

Technological innovations are often clustered in particular location because

Answer : [A] Institutions

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