GDP in a country grew from 10 billion to 14 billion over the span of 5 years

Gdp in a country grew from 10 billion to 14 billion

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12) GDP in a country grew from $10 billion to $14 billion over the span of 5 years. The percentagechange in GDP wasA) 4%.B) 7%.C) 10%.D) 40%.Answer: D12)Diff: 1Page Ref: 715/341Topic: Economic Growth Over TimeLearning Outcome: Macro 4: Explain the sources of productivity growthAACSB: Analytic Skills3
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13) If GDP per capita rises by 2% between 2011 and 2012, which of the following is necessarily true?13)Diff: 3Page Ref: 714/340Topic: Economic Growth Over TimeLearning Outcome: Macro 4: Explain the sources of productivity growthAACSB: Analytic Skills14) The key factors in raising standards of living in low-income countries have been increases in14)Diff: 1Page Ref: 716-717/342-343Topic: Why Growth Rates MatterLearning Outcome: Macro 4: Explain the sources of productivity growthAACSB: Reflective Thinking, Multicultural and Diversity15) ________ is considered a high income country, ________ a developing country, and ________ anewly industrializing country.15)Diff: 2Page Ref: 715/341Topic: The Rich Get RicherLearning Outcome: Macro 4: Explain the sources of productivity growthAACSB: Reflective Thinking, Multicultural and Diversity
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