2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following nation’s economy showed a growth of 2.3 percent in 2020?
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US
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Japan
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UK
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China
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Explanation:
Detailed explanation-1: -With a projected gdp growth rate of 43.48% in 2020, Guyana is the fastest growing economy in the world. Guyana is followed by Guinea (7.1%), Ethiopia (6.1%), and Ireland (5.9%).
Detailed explanation-2: -China’s GDP growth reached 6.5% in Q4 and 2.3% in 2020 overall, but consumption might be still weak in the first half year of 2021 due to the COVID-19 pandemic.
Detailed explanation-3: -Description: Global growth is projected to rise from an estimated 2.9 percent in 2019 to 3.3 percent in 2020 and 3.4 percent for 2021-a downward revision of 0.1 percentage point for 2019 and 2020 and 0.2 for 2021 compared to those in the October World Economic Outlook (WEO).
There is 1 question to complete.