If US Real GDP Grew from $12 Trillion One Year to to $12.7

question 149

Multiple Choice

If U.S. real GDP grew from $12 trillion one year to $12.7 trillion the next, the annual growth rate would be:

• A) 5.8 %
• B) 94.4 %
• C) 105.8 %
• D) 5.5 %

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Definitions:

Theory

A system of ideas intended to explain something, especially one based on general principles independent of the thing to be explained.

Post-modernism

An intellectual stance or mode of discourse defined by skepticism toward narratives of historical progress and grand theories.

Empathic

The ability to understand and share the feelings of another person, often leading to compassion and support.

Self-actualization

The act of achieving or fulfilling one's skills and possibilities, viewed as a motivation or requirement inherent in all individuals.