If the Economy Grew at 7 Percent from 2009 to 2010

question 148

Multiple Choice

If the economy grew at 7 percent from 2009 to 2010 and real GDP was 400 in 2009, what was real GDP in 2010?

• A)393
• B)400
• C)407
• D)428

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Definitions:

Capability

The ability, skill, or expertise that an organization or individual has which enables them to achieve their objectives and perform effectively.

Strength

In the context of SWOT analysis, refers to the inherent advantages or positive attributes an organization possesses which can be leveraged to achieve its goals.

SWOT Analysis

A tool used in strategic planning that assesses the Strengths, Weaknesses, Opportunities, and Threats associated with a project or enterprise.

Strategic Planning

Involves outlining an organization's vision, goals, and tactics to achieve long-term success and competitive advantage.