If a Country Has a 4 Percent Annual Growth in Real

question 29

Multiple Choice

If a country has a 4 percent annual growth in real GDP and a one percent growth in population, its per capita growth of real GDP is

• A) five percent.
• B) four percent.
• C) three percent.
• D) 1/4 = 0.25 percent.

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Definitions:

EDD

Stands for Earliest Due Date, a rule used in production and operations management to prioritize jobs, tasks, or items that have the earliest due dates first.

SPT

Shortest Processing Time, a rule used in job sequencing to decrease the total amount of time required to complete a set of jobs by processing the shortest job first.

LPT

Longest Processing Time; a rule used in job scheduling that sequences jobs in decreasing order of their processing times.

Due Date

The specific date by which something is supposed to be completed or paid.