Solved

If the Government Reports That "GDP Increased at an Annual

Question 76

Multiple Choice

If the government reports that "GDP increased at an annual rate of 6.0 percent for the fourth quarter of 2010," by how much did GDP increase?


A) 6.0 percent during 2010
B) 24.0 percent during 2010
C) 6.0 percent during the fourth quarter of 2010
D) 1.5 percent during the fourth quarter of 2010

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q66: Which of the following best defines retained

Q71: What does personal income include and exclude?
A)

Q73: Table 5-1
Table 5-1 </p></div><svg width=

Q74: Table 5-1
Table 5-1 </p></div><svg width=

Q75: Table 5-1
Table 5-1 </p></div><svg width=

Q77: Table 5-2
Table 5-2 </p></div><svg width=

Q78: Table 5-2
Table 5-2 </p></div><svg width=

Q79: In computing GDP, what is investment?
A) spending

Q79: Table 5-2
Table 5-2 </p></div><svg width=

Q81: A firm produces consumer goods and adds

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents