Since World War II, the Long-Term Average Rate of Real

question 173

Multiple Choice

Since World War II, the long-term average rate of real GDP growth in the United States has been about:

• A) 1.35%.
• B) 3.25%.
• C) 6.5%.
• D) 13.5%.

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Definitions:

Russian Rubles

The official currency of the Russian Federation, symbolized as RUB and used for all financial transactions within the country.

Euros

The Eurozone's official monetary unit, utilized by 19 out of the 27 member states of the European Union.

Canadian Dollars

The currency of Canada, represented by the symbol CAD, and used for all financial transactions within the country.