Solved

Which of the Following Equations Correctly Links the Growth Rate

Question 38

Multiple Choice

Which of the following equations correctly links the growth rate of real GDP,the growth rate of nominal GDP,and the inflation rate?


A) Growth rate of real GDP = Growth rate of nominal GDP + Inflation rate.
B) Growth rate of real GDP + Growth rate of nominal GDP = Inflation rate.
C) Growth rate of real GDP - Growth rate of nominal GDP = Inflation rate.
D) Growth rate of real GDP = Growth rate of nominal GDP - Inflation rate.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions