In 2008, Armenia had a real GDP of $4.21 billion and a population of 2.98 million. In 2009, real GDP was $4.59 billion and population was 2.97 million. What was Armeniaʹs economic growth rate from 2008 to 2009?
A) 8.3 percent
B) 3.8 percent
C) 9.0 percent
D) 0.38 percent
Correct Answer:
Verified
Q2: Which of the following is used to
Q3: During 2011, the country of Economia had
Q4: If real GDP per person is growing
Q5: Using the Rule of 70, if the
Q6: Suppose that in 2009 a country has
Q7: Slowdoniaʹs current growth rate of real GDP
Q8: In 2008, Armenia had a real GDP
Q9: If a nationʹs population grows, then,
A) growth
Q10: In 2008, Armenia had a real GDP
Q11: We are interested in long-term growth primarily
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents