In 2007, the rate of growth of Real Gross Domestic Product was 3.7%. In 2008, it was 0.2%. That means   Select one: a. Production was declining in 2008 and rising in 2007  b.  Production was declining at a decreasing rate c. There was virtually nothing produced in 2008 d. Production was growing at a decreasing rate e. Production was less in 2008 than in 2007.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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In 2007, the rate of growth of Real Gross Domestic Product was 3.7%. In 2008, it was 0.2%. That means

 

Select one:
a.

Production was declining in 2008 and rising in 2007 

b.

 Production was declining at a decreasing rate

c.

There was virtually nothing produced in 2008

d.

Production was growing at a decreasing rate

e.

Production was less in 2008 than in 2007.

Clear my choice
 
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