Which of the Following Countries Actually Experienced Negative Economic Growth

question 59

Multiple Choice

Which of the following countries actually experienced negative economic growth from 1960 to 2011?

• A)Israel
• B)Singapore
• C)Niger
• D)Malaysia

---

Definitions:

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.

Break-Even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Variable Cost

Expenses in a business operation that fluctuate with the level of output, such as materials and labor costs.

Utilization

The degree to which a resource, such as equipment or labor, is being used effectively to produce goods or services.