The Real GDP in a Nation Has Just Increased from $2

question 259

Multiple Choice

The real GDP in a nation has just increased from $2 billion to $2.1 billion.

• A) This country has experienced economic growth because there is a $.1 billion increase in real GDP.
• B) We do not know if this country experienced economic growth since the increase in the population was not given.
• C) We do not know if this country experienced economic growth since information on nominal GDP was not given.
• D) This country did not experience economic growth since $.1 billion is not a large number.

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Definitions:

Federal Courts

Courts established by the federal government of a country, in the United States, they include the Supreme Court, Courts of Appeals, and District Courts.

Court Clerk

An officer of the court whose responsibilities include maintaining the records of a court and managing its administrative functions.

Complaint

A formal legal document initiating a lawsuit by setting forth the facts and legal reasons the plaintiff believes they are entitled to relief from the defendant.

Court Clerk

A court official responsible for maintaining the records of a court and managing administrative functions.