Ask Question
BusinessBusiness
25 February, 05:52

The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time span. Based on the data, what can we say definitely about the two countries?

+2
Answers (1)
  1. 25 February, 06:07
    0
    Correct answers: Country B will eventually have a higher real GDP than country A if the economy of each county continues to grow this way.

    Incorrect answers: Country A has a high real GDP. Country A has a modestly high quality of life. Country A's economy has been in a period of contraction. Country B has a very high quality of life. #Smokeweedeveryday
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time span. Based ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How do local governments manage their money?
Answers (1)
As attorneys who share equal ownership, profits, and losses in their firm, raymond james and alexander doss have opted for which legal form of business ownership?
Answers (1)
Imagine that you calculate the inflation rate of some economy using the CPI. You get that inflation in 2008 was 22.4%, in 2009 was 12.5% and in 2010 was 3.9%.
Answers (1)
Fremont Enterprises has an expected return of 12 % and Laurelhurst News has an expected return of 24 %. If you put 56 % of your portfolio in Laurelhurst and 44 % in Fremont, what is the expected return of your portfolio?
Answers (1)
Operating in the southwestern states, lancer airlines hopes to avoid entering the price war that currently is taking place between several airlines on the east coast. the best strategy to avoid severe price competition is to:
Answers (2)
New Questions in Business
Locus Company has total fixed costs of $117,500. Its product sells for $53 per unit and variable costs amount to $43 per unit. Next year Locus Company wishes to earn a pretax income that equals 10% of fixed costs.
Answers (1)
Menu costs refers to a. the distortion in incentives created by inflation when taxes do not adjust for inflation. b. resources used by people to maintain lower money holdings when inflation is high. c.
Answers (1)
Consider once again the project with the cash flows described below. Determine whether this is a simple or non - simple investment AND how many possible values of i * exist using the Accumulated Cash Flow Sign Test.
Answers (1)
Which of the following goods best fit the characteristics of a private good? a. national defense b. fire protection c. an ice-cream cone d. a professor giving a lecture in a large classroom e. disease prevention
Answers (1)
Zwick Company bought 26,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced $ 205,200 net income for 2018 and declared and paid a cash dividend of $ 6 per share on all 203,000 shares of its
Answers (1)
Home » Business » The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time span. Based on the data, what can we say definitely about the two countries?
Sign Up Forgot Password?