Suppose that real GDP for 2015 was $10,000 billion and real GDP for 2016 was $11,000 billion. What is the rate of growth of real GDP between 2015 and 2016?
A) 1% B) 2% C) 5% D) 10%
D
Economics
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Before the South Korean financial crisis, sales by the top five chaebols (family-owned conglomerates) were
A) nearly 50% of GDP. B) about 10% of GDP. C) almost 90% of GDP. D) nearly 25% of GDP.
Economics
Which is not a cause of the deterioration of the strength of labor?
a. the rise of the service sector b. regional shifts in manufacturing c. foreign industrial competition d. a high rate of immigration of unskilled workers who tend to fear taking part in union activities. e. All of the above are correct.
Economics