Question

The growth rate in the fourth quarter of 2010 was 3.1%. What was the growth rate in the first quarter of 2011?

A) -3%
B) 1.2%
C) 1.9%
D) 5%

Answer 1

the answer is C) 1.9

Answer 2

The correct answer is letter "C": 1.9%.

Step-by-step explanation:

According to the report posted by the Commerce Department in March 2011, the American economy slowed its growth during the first quarter. From January to March of the very same year the annual rate of growth was of 1,9%. Economists were expecting the rate to be 4% but the increase in the price of the oil in the Middle East did not contribute to the favor of that situation.