Real GDP Was $9,950 Billion in Year 1 and $10,270

question 8

Multiple Choice

Real GDP was $9,950 billion in Year 1 and $10,270 billion in Year 2.The population rose from 270 million in Year 1 to 275 million in Year 2.What was the approximate increase in real GDP per capita rate from Year 1 to Year 2?

• A)1.3 percent
• B)2.1 percent
• C)3.3 percent
• D)4.2 percent

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Definitions:

Anxiety

A mental health condition characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Well-Being

A general term referring to an individual's overall health, happiness, and prosperity, which encompasses physical, mental, and emotional aspects.

Substance

Material with physical presence; often refers to substances of matter in various forms or to drugs and alcohol when discussing abuse or dependency.

Endorphins

Natural pain-relieving and happiness-promoting chemicals produced by the body, often released during exercise, excitement, pain, and sexual activity.