Multiple Choice
Suppose real GDP in 2015 is $6,105 billion. If the forecasted rate of growth for the year 2016 is 2.75 percent, then in the year 2016, real GDP will be
A) $6,500 billion.
B) $6,273 billion.
C) $7,784 billion.
D) $5,942 billion.
E) $6,300 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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