Suppose that real GDP for 2010 was $10,000 billion and real GDP for 2011 was $9,500 billion.What is the rate of growth of real GDP between 2010 and 2011?
A) -10%
B) -5%
C) -2%
D) -1%
Correct Answer:
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Q3: _ depend on increases in labor productivity
A)
Q4: If,between 2001 and 2011,the economy's real GDP
Q5: Table 21-1 Q11: Which of the following describes the growth Q28: The only way the standard of living Q39: When production in an economy grows more Q41: The best measure of the standard of Q44: Labor productivity will increase if the _ Q57: If GDP grows at a rate of Q60: According to Robert Fogel,economic growth _ health,and
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