Real GDP was $9,950 Billion in year 1 and $10,270 billion in Year 2. What was the approximate rate of economic growth from year 1 to year 2?

Pressure to redistribute the economic pie is strong when the economy is booming

Indicate whether the statement is true or false

Some of the ways that industrially advanced countries (IACs) can help developing countries (DVCs) in achieving faster economic growth include the following, except:

A. Expanding trade B. Admitting in more temporary workers C. Subsidizing their own agricultural sectors D. Discouraging arms sales