Last Year Real GDP Per Person in the Imaginary Nation

question 19

Multiple Choice

Last year real GDP per person in the imaginary nation of Olympus was 4,250.The year before it was 4,100.By about what percentage did Olympian real GDP per person grow during the period?

• A)1.6 percent
• B)2.5 percent
• C)3.7 percent
• D)6 percent

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Definitions:

Shareholder's Loan

Money lent to a corporation by its shareholders, which is sometimes considered a part of the equity of the business.

Annual Returns

Financial documents that corporations must file yearly, detailing their operational performance, financial status, and other critical information.

Bankruptcy

A legal process intended for individuals or entities that are unable to repay their outstanding debts, allowing them to be absolved through various means.

Breach Of A Fiduciary Duty

An act that goes against the responsibilities of a fiduciary, who is entrusted to act in the best interest of another.