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The Table Below Indicates the Price and Output Data Over

Question 120

Multiple Choice

The table below indicates the price and output data over a five-year period for an economy that produces only one good. The table below indicates the price and output data over a five-year period for an economy that produces only one good. Refer to the above data.If year 2 is the base year, the percentage increase in real GDP from year 2 to year 4 is: A) 40 percent. B) 60 percent. C) 100 percent. D) 80 percent. Refer to the above data.If year 2 is the base year, the percentage increase in real GDP from year 2 to year 4 is:


A) 40 percent.
B) 60 percent.
C) 100 percent.
D) 80 percent.

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