If Real GDP in Year 1 Is $72 Million and Real

question 65

Multiple Choice

If real GDP in year 1 is $72 million and real GDP in year 2 is $87 million, then the growth rate of real GDP is

• A) 15 per cent.
• B) 20.8 per cent.
• C) 17 per cent.
• D) 83 per cent.
• E) $15 million.

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Definitions:

Through

Moving in one side and out of the other side of (an opening, channel, or location), indicating motion from one end or side to the other.

Between

Referring to a position or space that separates two points, objects, or entities.

Complete

Having all the necessary or appropriate parts; fully carried out; thorough.

Decompensation

A failure of the body's compensatory mechanisms to maintain functional stability, leading to worsening symptoms or the development of disease states.