Which of the Following Statements Is Correct

question 32

Multiple Choice

Which of the following statements is correct?

• A)During 1961-2017, Canadian real GDP has grown at about 3.2 percent per year and real GDP per capita has grown at about 2.1 percent per year.
• B)During 1961-2017, Canadian real GDP has grown at about 2.1 percent per year and real GDP per capita has grown at about 3.3 percent per year.
• C)between 1960 to 2010, Canadian real GDP and real GDP per capita have both grown at about 4 percent per year.
• D)between 1960 to 2010, Canadian real GDP and real GDP per capita have both grown at about 2 percent per year.

---

Definitions:

Market-Product Grid Framework

A strategic tool used to explore potential opportunities by correlating market segments (customer groups) with products or services.

Financial Services Market

A market that comprises establishments engaged in transactions and activities related to financial services like banking, investment, and insurance.

Apple Card

A credit card created by Apple Inc. designed to be used with Apple Pay, offering cashback rewards and various features integrated with iOS.

Credit Card Use

The application of credit cards as a payment method where the cardholder borrows funds to pay for goods and services with the promise to repay the borrowed amount along with any agreed-upon fees or interest.