Use the Following to Answer Questions

question 23

Multiple Choice

Use the following to answer questions:
-(Table: Per Capita GDP) Use Table: Per Capita GDP. The growth rate of nominal GDP from 2011 to 2014 was _____%.

• A) 37.5
• B) 60
• C) 62.5
• D) 166.7

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Definitions:

Canada Savings Bond

A secure investment product offered by the Government of Canada that provides a guaranteed interest rate over a fixed period.

Maturity Value

The total amount payable to an investor at the end of a fixed-term investment, including the principal and the interest.

Strip Bond

A fixed-income security that is created by separating the principal and interest payments of a longer-term bond, selling them as individual zero-coupon bonds.

Yield Rate

Yield rate represents the earnings generated and realized on an investment over a particular period, expressed as a percentage.