If Real GDP in a Small Country in 2012 Is

question 13

Multiple Choice

If real GDP in a small country in 2012 is $8 billion and real GDP in the same country in 2013 is $8.3 billion,the growth rate of real GDP between 2012 and 2013

• A)is 3.0%.
• B)is 3.6%.
• C)is 3.75%.
• D)cannot be determined from the information given.

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Definitions:

Free Speech Movement

A student protest that took place during the 1964-1965 academic year on the campus of the University of California, Berkeley, advocating for academic freedom and free speech rights.

Great Society

A set of domestic programs in the United States initiated by President Lyndon B. Johnson aimed at eliminating poverty and racial injustice.

Bracero Program

System agreed to by Mexican and American governments in 1942 under which tens of thousands of Mexicans entered the United States to work temporarily in agricultural jobs in the Southwest; lasted until 1964 and inhibited labor organization among farm workers since braceros could be deported at any time.

Puerto Rican Migrants

Individuals from Puerto Rico who move to other regions or countries, often for economic, social, or political reasons.