According to the Text, the Average Annual Growth Rate of Real

question 70

Multiple Choice

According to the text, the average annual growth rate of real GDP during the 2000-2017 period was about ________ for advanced nations and about ________ for emerging and developing nations.

• A) 5%; 4%
• B) 7%; 2%
• C) 4.5%; 4.5%
• D) 3%; 6%

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Definitions:

Act of God

An event outside of human control, such as a natural disaster, for which no one can be held responsible.

Defence to Negligence

Legal reasons presented to demonstrate a defendant did not breach a duty of care or their actions did not cause the plaintiff's damages.

Release

A legal document or agreement that relinquishes rights, claims, or interests from one party to another, often used to resolve disputes or acknowledge payment.

Waiver

A waiver is the voluntary relinquishment or surrender of some known right or privilege.