The Table Below Shows Data for Japan

question 469

Multiple Choice

The table below shows data for Japan.

Assuming the rate of velocity change is constant, real GDP

• A) grew by 0.3 percent in 2008.
• B) grew by -1.2 percent in 2009.
• C) grew by 1.1 percent in 2008.
• D) grew by 0.9 percent in 2009.

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Definitions:

Legal Purposes

Activities or actions that are undertaken in accordance with law and designed to effectuate legal ends.

Retained Earnings

The portion of net income not distributed as dividends but retained by the company to reinvest in its business or to pay debt.

Net Income

The final income of a firm following the deduction of all expenditures, taxes, and interest from the gross revenue.

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.