In 2014,real GDP in Latania Was $750 Billion and the Population

question 142

Multiple Choice

In 2014,real GDP in Latania was $750 billion and the population was 3 million.In 2015,real GDP was $990 billion and the population was 3.3 million.What was the approximate growth rate of real GDP per person?

• A) 11 percent
• B) 14 percent
• C) 17 percent
• D) 20 percent

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Definitions:

Par Value

The nominal or face value of a stock or bond, which is the amount stated on the certificate or instrument.

Bondholders

Individuals or institutions that hold the debt securities issued by corporations or governments, entitled to receive the bond's face value at maturity and periodic interest payments.

Debt-To-Equity Ratio

This measure indicates the proportionate use of debt and shareholder equity in asset financing for a company.

Par Value Bonds

Bonds that are issued and redeemed at their face value, the value printed on the bond itself.