The growth ______ of the country’s economy was 3% last year.
A: speed
B: rate
C: level
D: value
A: speed
B: rate
C: level
D: value
举一反三
- The Rule of 70 is used to A: estimate how much of an economy's growth rate is due to increases in capital per hour of labor B: calculate the standard of living C: calculate the economy's growth rate D: estimate how long it will take the level of any variable to double
- If this year's price level exceeds last year's, A: the inflation rate between these years has been positive. B: the inflation rate is accelerating. C: deflation is occurring. D: no relative price changes are occurring.
- The price level in the economy is higher than it should be, given the potential growth rate – we get an ‘______ ’.
- The steady-state level of income per person in a country is a<br/>function of all the following EXCEPT ____ A: the rate of saving. B: the current level of income in the country. C: the efficiency with which the economy employs the factors of<br/>production. D: the population growth rate.
- 7.What is the growth rate of Chinese traveling abroad last year when compared with the previous year?