Last Year Real GDP in the Imaginary Nation of Oceania

question 38

Multiple Choice

Last year real GDP in the imaginary nation of Oceania was 561.0 billion and the population was 2.2 million.The year before,real GDP was 500.0 billion and the population was 2.0 million.What was the growth rate of real GDP per person during the year?

• A)12 percent
• B)10 percent
• C)4 percent
• D)2 percent

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Definitions:

Drive

An innate, biologically determined urge to attain a goal or satisfy a need.

Worker Motivation

The set of internal and external factors that stimulate workers to take actions that lead to achieving work-related goals.

Set Point Theory

A theory suggesting that the body regulates its weight and energy balance through internal controls, maintaining a stable weight over time.

Extrinsic Motivation

Motivation that is driven by external rewards such as money, fame, grades, or praise.