Article Summary For Only the Second Time in the Previous 10 Quarters

question 12

Multiple Choice

Article Summary
For only the second time in the previous 10 quarters, China's GDP grew at a faster rate than from the same period a year earlier. From July through September 2013, China's GDP increased 7.8 percent, but a decline in exports, growing inflation, and slowing growth in factory production all suggest that growth will be slowing down. China has recently been attempting to restructure its economy by moving toward increasing consumption and relying less on exports and investments as a means to achieving more sustainable economic growth. In the first nine months of 2013, 46 percent of growth was due to consumption, 56 percent was due to investment, and exports accounted for negative 1.7 percent.
Source: Aileen Wang and Kevin Yao, "China's third-quarter GDP growth fastest this year, but outlook dim," Reuters, October 18, 2013.

-Refer to the Article Summary.The decline in export growth will hurt China's GDP because

• A)a decrease in exports will decrease net exports,assuming no change in imports.
• B)a decline in export growth indicates an increase in import growth.
• C)exports are added to imports when calculating GDP.
• D)exports are subtracted from imports when calculating GDP.

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Definitions:

Emphatic Order

A method of organizing information or arranging content in a way that prioritizes the most important or persuasive points.

Résumé

A document that summarizes an individual's work experience, education, skills, and achievements, often used as part of a job application.

Receptionist

A person typically employed at an office or establishment to greet, assist, and provide information to visitors or callers.

Answered Phones

refers to the task of responding to incoming calls, typically as part of customer service or administrative duties.