Consider the Following Data That Identifies Real GDP to Answer

question 47

Multiple Choice

Consider the following data that identifies real GDP to answer the questions that follow.

-Between quarter 10 and quarter 11,real GDP grew by what percentage?

• A) 6%
• B) 3%
• C) 4%
• D) 5%
• E) -5%

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Definitions:

Truman Doctrine

A U.S. foreign policy established in 1947 that aimed to contain the spread of communism through economic and military aid to countries resisting Soviet influence.

Taft-Harley Act

Also known as the Labor Management Relations Act of 1947, this law restricted the power and activities of labor unions in the United States.

Decolonization

The process by which African and Asian colonies of European empires became independent in the years following World War II.

Operation Dixie

A post-World War II campaign initiated by the Congress of Industrial Organizations (CIO) aimed at unionizing textile workers and other laborers in the southern United States.