Table 5-3
Consider the Following Table for the Country of Ophir

question 107

Multiple Choice

Table 5-3
Consider the following table for the country of Ophir:
$$\begin{array} { c c c } \text { Year } & \text { Naminal GDP } & \text { GDP Deflatar } \\2011 & \$ 4000 & 100 \\2012 & \$ 4100 & 105 \\2013 & 4200 & 110\end{array}$$
-Refer to the Table 5-3.What can we conclude about real GDP from this information?

• A)Real GDP was higher in 2013 than in 2012, and real GDP in 2012 was higher than in 2011.
• B)Real GDP was higher in 2012 than in 2011, and real GDP in 2012 was higher than in 2013.
• C)Real GDP was higher in 2011 than in 2012, and real GDP in 2012 was higher than in 2013.
• D)Real GDP was higher in 2011 than in 2012, and real GDP in 2012 was higher than in 2011.

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Definitions:

Racial Classification

The process of categorizing individuals or groups based on physical characteristics, such as skin color, often used for bureaucratic, social, or political purposes.

Countries

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Colonize

The act of establishing control over a foreign territory and its people for the purpose of economic exploitation, cultural assimilation, or territorial expansion.

Americas

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