Which of the Following Describes the Growth in Real GDP

question 87

Multiple Choice

Which of the following describes the growth in real GDP per person in Australia from 1901 to 2016?

• A)It has decreased more times than it has increased.
• B)It has increased by more than five times.
• C)It has doubled.
• D)Nominal GDP has increased but real GDP has slowly decreased.

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Definitions:

Promotes Complacency

Describes conditions or practices that encourage a sense of satisfaction with the current state of affairs, potentially hindering improvement or progress.

Competing Objectives

Divergent or opposing goals among individuals or groups within an organization, often leading to challenges in decision-making and prioritization.

Dependent

In a research context, the dependent variable is the one being tested and measured, often to see how it is influenced by changes in an independent variable.

Office Cubicles

Semi-private working spaces divided by partitions, commonly used in offices to provide employees with a personal workspace.