Suppose Real GDP in 2010 Is $6,105 Billion

question 4

Multiple Choice

Suppose real GDP in 2010 is $6,105 billion.If the forecasted rate of growth for the year 2011 is 2.75 percent,then in the year 2011,real GDP will be

• A)$6,500 billion.
• B)$6,273 billion.
• C)$7,784 billion.
• D)$5,942 billion.
• E)$6,300 billion.

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Definitions:

Verification

The process of confirming the accuracy, truth, or validity of something through the provision of empirical evidence or logical proof.

Associative Play

A stage in child development characterized by playing in groups, sharing, and being interested in the activity of other children but not in a coordinated manner.

Morphological Analysis

A method used to break down and study the structure, form, and function of entities or systems.

Cross-Pollination

The sharing and mixing of ideas, practices, and cultures between different sectors, organizations, or groups to innovate and solve problems.