The Table Below Shows Data for China The Standard of Living Between 2003 and 2006 Increased by l

question 226

Multiple Choice

The table below shows data for China.
$$\begin{array} { | l | c | c | l | } \hline & \begin{array} { l } \text { Population } \\\text { (millions) }\end{array} & \begin{array} { l } \text { Real GDP } \\\text { (yuan, billions) }\end{array} & \begin{array} { l } \text { Nominal GDP } \\\text { (yuan, billions) }\end{array} \\\hline 2000 & 1267 & 4999 & 9921 \\\hline 2003 & 1292 & 6498 & 13582 \\\hline 2006 & 1315 & 8776 & 21087 \\\hline\end{array}$$
The standard of living between 2003 and 2006 increased by .

• A) 1.8 percent
• B) 35 percent
• C) 55.3 percent
• D) 32.7 percent

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Definitions:

Noncontrolling Interest

The portion of equity interest in a subsidiary not owned by the parent company, reflecting minority shareholders' ownership.

Preferred Stock

A class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often receiving dividends before common shareholders.

Noncontrolling Interest

Represents the equity interest in a portion of a subsidiary's net assets that is not attributable directly or indirectly to the parent company.

Common Stock

A type of equity security that represents ownership in a corporation, with holders usually having a vote in corporate decisions but in the last in line during liquidation.