Consider the following information, which provides percentage change in GDP per year: Percentage increase in GDP2012?10.02013?5.02014?5.020154.0201610.0
A. GDP in 2013 is less than in 2012.
B. GDP in 2013 is greater than in 2012.
C. GDP in 2015 is greater than in 2014.
D. GDP in 2016 is less than in 2015.
Answer: B
You might also like to view...
If the real interest rate is 4 percent and the inflation rate is 3 percent, then the nominal interest rate is
A) -1 percent. B) 1 percent. C) 3.5 percent. D) 7 percent.
Financial markets are
A) institutions that make loans to borrowers and obtain funds from savers. B) organized exchanges where securities and financial instruments are bought and sold. C) organized exchanges where currencies are traded. D) institutions that regulate financial instruments.
Which of the following countries would find it easiest to achieve rapid growth in per capita GDP?
a. United States b. United Kingdom c. France d. Mexico
By itself, if a U.S. firm builds a new factory overseas, U.S. net capital outflow rises
a. True b. False Indicate whether the statement is true or false