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  3. Study Set
    Macroeconomics Study Set 43
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    Exam 7: Part B: Measuring the Economys Output
  5. Question
    Answer the Question(s) Based on the Following Data, Using Year
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Answer the Question(s) Based on the Following Data, Using Year

Question 99

Question 99

Multiple Choice

Answer the question(s) based on the following data, using year 1 as the base year.All dollars are in billions. Answer the question(s)  based on the following data, using year 1 as the base year.All dollars are in billions.   Refer to the above data.From year 1 to year 4, prices rose by: A) 4 percent. B) 8 percent. C) 10 percent. D) 12 percent. Refer to the above data.From year 1 to year 4, prices rose by:


A) 4 percent.
B) 8 percent.
C) 10 percent.
D) 12 percent.

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