Table 5-1 Shows Data on Real GDP and Employment for a Particular

question 137

Multiple Choice

Table 5-1 shows data on real GDP and employment for a particular country from the year 1991 to 2000. Use the table to answer questions .
Table 5-1

-Refer to Table 5-1. The trough(s) in economic activity occurred:

• A) once in the ten-year period, in 1996.
• B) twice in the ten-year period, in 1996 and in 2000.
• C) once in the ten-year period, in 1991.
• D) thrice in the ten-year period, in 1991, in 1996, and in 2000.

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Definitions:

Tax Standpoint

A perspective or consideration related to tax implications, obligations, or benefits in financial planning and decision making.

Net Assets

The difference between total assets and total liabilities, representing the owner's or shareholders' equity in a company.

Ownership

The legal right of possessing, using, and disposing of something, especially property or goods.

Voting Shares

Shares that give the shareholder the right to vote on company matters, such as electing directors and approving major company decisions.