In 2010,Northland Had Real GDP of $4

question 79

Multiple Choice

In 2010,Northland had real GDP of $4.21 billion and a population of 2.98 million.In 2011,real GDP was $4.59 billion and population was 2.97 million.Between 2010 and 2011,Northland's standard of living ________.

• A)increased
• B)decreased
• C)did not change
• D)might have increased, decreased, or remained unchanged
• E)doubled.

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Definitions:

Continuing Education

Systematic professional learning experiences designed to augment knowledge and skills of healthcare professionals; education completed after the initial educational program; required for relicensure in some fields.

Gross Earnings

The total amount an employee earns before deductions.

Net Earnings

Take-home pay, calculated by subtracting total deductions from gross earnings.

Tax Liability

The total amount of tax that an individual or entity is legally obligated to pay to a tax authority.