Table 171 Refer to Table 17

question 83

Multiple Choice

Table 17.1 $\begin{array}{|c|c|c|}\hline \text { Year } & \text { Real GDP } & \text { Population } \\\hline 1 & \$ 575 \text { billion } & 22 \text { million } \\\hline 2 & \$ 580 \text { billion } & 24 \text { million } \\\hline 3 & \$ 605 \text { billion } & 25 \text { million } \\\hline 4 & \$ 606 \text { billion } & 27 \text { million } \\\hline\end{array}$

Refer to Table 17.1.GDP per capita was the

• A)Greatest in year 1.
• B)Greatest in year 2.
• C)Greatest in year 3.
• D)Same each year.

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Definitions:

Disadvantages

Refers to the negative aspects or downsides that are associated with a particular decision, action, or scenario.

Limited Liability Company

A form of business organization that combines the taxation approach of a sole proprietorship or partnership with the limited liability aspect of a corporation.

Personal Liability

The legal responsibility of an individual to personally satisfy debts or liabilities incurred, including those arising from actions taken in a professional capacity.

Capital Investment

Funds invested in a business for the purposes of further growth, operational development, or acquisition of long-term assets.