Use the Following to Answer Questions

question 34

Multiple Choice

Use the following to answer questions:
-(Table: Per Capita GDP) Use Table: Per Capita GDP. If 2011 is the base year, real GDP in 2011 was:

• A) $500.
• B) $3,000.
• C) $4,000.
• D) $300,000.

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Definitions:

College Degree

A certification awarded by colleges or universities to signify that a student has completed a specified course of study, typically representing a higher level of education and expertise.

Stock

In finance, stock represents ownership shares in a company, allowing investors to claim on the company's assets and earnings proportionate to the amount of stock they own.

Economy

A system of production, distribution, and consumption of goods and services among a group of people.

Opportunity Cost

The detriment of not pursuing the second-top option when engaging in decision-making.