If GDP Grew 3% in 2015, 2

question 108

Multiple Choice

If GDP grew 3% in 2015, 2.8% in 2016 and 2.4% in 2017, then what is the average annual growth rate over this period?

• A)5%
• B)2.7%
• C)4%
• D)-2.2%

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Definitions:

Imported Wine

Wine brought into a country from foreign vineyards or producers, often subject to regulations and duties.

Domestic Wine

Wine that is produced within the same country the consumer is in, as opposed to imported wine.

Standard Form

A way of structuring arguments or expressions according to fixed rules, often to clarify logical relations.

Categorical Conclusion

A statement resulting from a syllogistic argument, characteristic of being definitive and relating to categories or classes.