Multiple Choice
Suppose nominal GDP in 2009 was $100 billion and in 2010 it was $260 billion.The general price index in 2009 was 100 and in 2010 it was 180.Between 2009 and 2010, the real GDP rose by approximately
A) 160 percent.
B) 44 percent.
C) 37 percent.
D) 80 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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