As Shown in Figure 12-1 Above,which of the Following Statements

question 46

Multiple Choice

As shown in Figure 12-1 above,which of the following statements is most accurate?

• A)Services are a smaller part of the gross domestic product than are goods.
• B)In 2012,goods represent a larger part of the gross domestic product than services.
• C)In 1995,services were worth almost $1 billion.
• D)Until 1980,goods and services contributed almost equally to the gross domestic product (GDP).
• E)In 2012,goods were 50 percent of the GDP.

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Definitions:

Sparse Resources

Refers to limited or scarce natural assets or commodities that are not abundant enough to meet demand.

Geologic Timescale

A chronological dating system that associates geological layers with specific periods in time, employed to characterize historical events on Earth.

Precambrian

Precambrian describes the vast time period in Earth's history before the emergence of the Cambrian period, characterized by the formation of the Earth's crust and very early life forms.

Abundant Animals

Refers to animal species that are common or have a large population in a particular area.