In 2005, Armenia Had a Real GDP of Approximately $4

question 338

Multiple Choice

In 2005, Armenia had a real GDP of approximately $4.21 billion and a population of 2.98 million. In 2006, real GDP was $4.59 billion and population was 2.97 million.
-In 2008, Armenia had a real GDP of $4.21 billion and a population of 2.98 million. In 2009, real GDP was $4.59 billion and population was 2.97 million. What was Armenia's economic growth rate from 2008 to 2009?

• A) 8.3 percent
• B) 9.0 percent
• C) 3.8 percent
• D) 0.38 percent

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Definitions:

Collective Intelligence

The combined knowledge and problem-solving ability of a group, which can surpass the abilities of individual members, often facilitated by communication and collaboration technologies.

Team Effectiveness

Measures how well a team accomplishes its goals and meets the needs of its members and organization.

Formal Retreat Approach

A strategic decision-making process where decision makers step back from the immediate problem in order to reconsider their options from a new perspective.

Firm's Headquarters

The primary office or location where the central functions of an organization are coordinated and managed, often the base for executive decision-makers.