The Two Factors That Must Be Added to the Percent

question 95

Multiple Choice

The two factors that must be added to the percent change in per capita real gross domestic product (GDP) to yield the percent change in nominal GDP are the

• A) percent change in prices and the rate of investment.
• B) rate of investment and the rate of savings.
• C) percent change in prices and the rate of population growth.
• D) rate of population growth and the rate of savings.
• E) rate of investment and the rate of population growth.

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Definitions:

Building Construction

The process involving materials, design, and planning to create a structure for a specific use or purpose.

Selling

The process of exchanging goods or services for money or other compensation.

Transporting Passengers

The act of moving individuals from one location to another, typically as a service offered by vehicles such as buses, trains, airplanes, and taxis.

Nonliability

A condition or status where an individual or entity is not held legally responsible for certain actions or outcomes.