During the Most Recent Three Quarters, Real GDP Decreased from $200

question 74

Multiple Choice

During the most recent three quarters, real GDP decreased from $200 to $180 to $170. The growth rate between the first quarter and the second quarter was ________ percent.

• A) -11
• B) +11
• C) +10
• D) -10
• E) -15

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Definitions:

Payment Default

The failure to meet the legal obligations of a loan, such as not making the agreed-upon monthly payments.

Loan Principal

The initial size of the loan or the amount of money borrowed that is still owed, not including interest.

Low-credit-risk Company

A company deemed to have a minimal risk of defaulting on its debt obligations, often due to strong financial health and stability.

Operating Cash Flows

Cash generated from the core business activities of a company, excluding investing and financing activities.