If Real GDP in Korea Amounted to 448

question 30

Multiple Choice

If real GDP in Korea amounted to 448.3 trillion wons in 1999 and 473.7 trillion wons in 2000, compute the growth experienced by this country in 2000?

• A)5.4%
• B)5.66%
• C)2.54%
• D)-1.05%
• E)-9.4%

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Definitions:

Sternberg

Refers to Robert Sternberg, an American psychologist who proposed the triarchic theory of intelligence which includes analytical, creative, and practical aspects.

Intelligence

The ability to acquire, understand, and use knowledge, including the capacity for logic, understanding, self-awareness, learning, emotional knowledge, planning, creativity, and problem-solving.

Understand the World

The process of comprehending or making sense of the environment and society around one.

Resourcefulness

The ability to find quick and clever ways to overcome difficulties or challenges.