The Long-Run Average Annual Growth of Real GDP Per Person

question 35

Multiple Choice

The long-run average annual growth of real GDP per person is the United States is approximately ______ percent.

• A)one
• B)two
• C)five
• D)seven

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Definitions:

Greenmail

A strategy where a company buys back its own shares from a hostile party at a premium to avoid a takeover.

Targeted Stock Repurchase

A tactic used by corporations to buy back shares from specific shareholders, often to avert a takeover bid or reduce share dilution.

Unfriendly Takeover

An acquisition attempt by a company or individual that is not welcomed or approved by the target company's board of directors.

Horizontal Diversification

A strategy used by companies to increase their product lines or enter into new markets to reduce risk and increase growth opportunities.