Which of the Following Statements Is True of the U

question 33

Multiple Choice

Which of the following statements is true of the U.S.economy over the past 200 years?

• A) Its GDP per capita has increased.
• B) Its GDP per capita has decreased.
• C) There has been no contraction in the economy.
• D) The growth rate of GDP has been more than 10 percent per year.

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Definitions:

Trade Secrets

Confidential business information that provides an enterprise a competitive edge and is often not disclosed to the public.

Misappropriations

involves the wrongful, illegal, or unauthorized use of funds or assets for purposes other than those intended by the owner or rightful possessor.

World Trade Organization

An international organization that deals with the rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

Basic Purpose

The fundamental reason or objective for the existence of an entity, policy, or action.