The President of the World Bank Has Asked You to Calculate

question 72

Multiple Choice

The president of the World Bank has asked you to calculate the average per capita GDP growth rate of Rwanda from 1980 to 2010. In 1980, per capita GDP was about $728 and in 2010 was about $1,025. You tell him the average growth rate of per capita GDP is about ________ percent.

• A) 1.1
• B) -1.1
• C) 0.0
• D) -2.3
• E) 20.2

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Definitions:

Monthly Billing

A billing system where charges for services or goods are invoiced or billed on a monthly basis.

Computerized Billing

This pertains to the use of computer systems and software to manage billing processes, often automating many aspects of invoicing, tracking payments, and account management.

Monthly Billing

A billing system where charges for services or utilities are invoiced to customers on a monthly basis.

Computerized Billing

The use of digital systems to issue and manage invoices and billing for goods and services.