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.

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration