If real GDP was $13.1 trillion in 2013 and $13.3 in 2014, what is the growth rate?
A) $0.2 trillion B) 1.5 percent C) 15.0 percent D) 2.1 percent E) -1.5 percent
B
Economics
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Suppose Matt's New Cars issues a bond in which they'll need to pay $10,000 in one year, which includes 4% interest. How much will they receive for the bond?
A) $9,600 B) $9,615 C) $10,000 D) $10,400
Economics
All the combinations of goods and services that can be produced if all of society's resources are used efficiently are represented on an economy's
A. resource availability diagram. B. factors of production statement. C. allocative allotment graph. D. production possibility frontier.
Economics