At 2012 Prices,the Value of Production in 2013 Was 6

question 8

Multiple Choice

At 2012 prices,the value of production in 2013 was 6 percentage points higher than in 2012.At 2013 prices,the value of production in 2013 was 4 percentage points higher than in 2012.Using the chain-weighted output index,real GDP is ________ in 2013 than in 2012.

• A) 10 percent greater
• B) 5 percent greater
• C) 7.5 percent greater
• D) 4 percent smaller

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Definitions:

United States Marines

A division of the U.S. Military tasked with delivering swift power projection through the mobility offered by the U.S. Navy, enabling the rapid deployment of combined-arms task forces.

Haiti

A country in the Caribbean on the island of Hispaniola, notable for its rich culture, history of slavery, and being the site of the first successful slave rebellion that led to independence.

Stock Market

A public entity for the trading of company stocks and other securities, a key component of the global financial system.

Americans

Citizens or nationals of the United States of America, a country comprising 50 states and various territories.