If real GDP in a small country in 2012 is $8 billion and real GDP in the same country in 2013 is $8.3 billion,the growth rate of real GDP between 2012 and 2013
A) is 3.0%.
B) is 3.6%.
C) is 3.75%.
D) cannot be determined from the information given.
Correct Answer:
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Q1: Which of the following statements describes the
Q2: If real GDP grows by 3% in
Q5: Table 10-1 Q6: The quantity of goods and services that Q9: Since 1900,real GDP per capita has _ Q10: Technological advances generally result in Q11: Since 1900,real GDP in the United States Q12: Countries with high rates of economic growth Q13: If you invest $10,000 in a bond Q33: The total amount of physical capital available
A)decreased incomes.
B)increased life
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