The Following Data Show Uruguay's GDP Using Purchasing Power Parity

question 89

Multiple Choice

The following data show Uruguay's GDP using purchasing power parity in billions of dollars. Using the data, we can conclude that

• A) potential GDP decreased in 2001.
• B) Uruguay entered a recession in 2001.
• C) the standard of living did not change in Uruguay between 2000 and 2008.
• D) Uruguay's economy reached a peak in 2005.

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