On Average,over the Past 130 Years,at About What Rate Has

question 233

Multiple Choice

On average,over the past 130 years,at about what rate has the Canadian economy grown?

• A) 1 percent per year
• B) 2 percent per year
• C) 4 percent per year
• D) 8 percent per year

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Definitions:

Management Effectiveness

The degree to which managerial actions achieve the desired outcomes and objectives through efficient resource use.

Sole Proprietorships

A type of enterprise that is owned and operated by a single individual, with no legal distinction between the owner and the business.

Partnerships

A formally approved business entity where several individuals come together to share in the management and the financial gains.

Corporations

Legal entities established by shareholders who invest money or assets for a common purpose and enjoy limited liability protection.