If real GDP was $7,700 billion in 2004 and $8,200 billion in 2005,the economic growth rate was approximately ___ percent.
A) 6.1
B) 6.3
C) 6.5
D) 9.3
Correct Answer:
Verified
Q22: Economic growth is a(n)_ process.
A) Constant
B) Exponential
C)
Q23: Real GDP is the most effective measure
Q24: GDP per capita is the best measurement
Q25: Which of the following is the best
Q26: Which of the following measures the actual
Q28: Small differences in annual growth rates accumulate
Q29: The best measurement for comparing the standard
Q30: Which of the following is the best
Q31: Growth in GDP per capita is only
Q32: GDP per capita is the best measurement
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