If Economic Growth in a Given Year Is 4 Percent

question 31

Multiple Choice

If economic growth in a given year is 4 percent and the growth rate of resources is 6 percent, the change in total factor productivity is

• A) -6 percent.
• B) -2 percent.
• C) +2 percent.
• D) +4 percent.
• E) +6 percent.

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Definitions:

Mississippi River

one of the longest rivers in North America, flowing southward from its source in Minnesota to the Gulf of Mexico.

Thompson River

The Thompson River is a major tributary of the Fraser River, flowing through the British Columbia interior in Canada, known for its scenic beauty and importance to local ecosystems.

Levees

Embankments constructed along riverbanks to prevent overflow and protect the land from flooding.

Intense Precipitation

Very heavy rainfall or snowfall that occurs in a short period of time, often leading to flooding.