If You Were Told the Output of Goods and Services

question 28

Multiple Choice

If you were told the output of goods and services produced in Luxembourg had increased by 6 percent in 2010, you would correctly refer to this increase as which type of growth?

• A) an example of recessionary growth
• B) growth standardization
• C) economic growth
• D) nationalized growth

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Definitions:

Choleric

A temperament characterized by a fast, active response to stimuli, often indicative of a person prone to be more easily angered or bad-tempered.

Melancholic

A temperament characterized by deep, pensive sadness or contemplation, often connected to artistic or creative endeavors.

Phlegmatic

A temperament characterized by a calm, reliable, and even-keeled personality, often associated with a high threshold for emotional excitability.

Sanguine

Characterized by optimism or a positive attitude, especially in an apparently bad or difficult situation.