Chapter 18. Lats of Luck

EIA Activity: Lats of Luck

[Online Document Assignment:]

EIA Activity: Lats of Luck

Click on the links on the right to answer the following questions.

  1. Question

    Use Link 1 to answer the following questions. True or False: In 2012, the Gross Domestic Product (GDP) of Latvia was equal to US$28.02 billion.

    		A.
    		B.

  2. Question

    True or False: Latvia’s GDP value represents 20%of the world economy.

    		A.
    		B.

  3. Question

    True or False: From 1987 to 2012, GDP in Latvia averaged US$15 billion.

    		A.
    		B.

  4. Question

    Use Link 2 to answer the following questions. True or False: Latvia’s GDP real growth rate was estimated to be 5.5%in 2013.

    		A.
    		B.

  5. Question

    True or False: Latvia’s GDP real growth rate was estimated to be 5.6% in 2012.

    		A.
    		B.

  6. Question

    Discuss how austerity was successfully used in Latvia.
    Your response will be graded by your instructor.
    Discuss how austerity was successfully used in Latvia.

  7. Question

    Does every country benefit from using austerity measures? Discuss.
    Your response will be graded by your instructor.
    Does every country benefit from using austerity measures? Discuss.

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