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:

Verified
Correct Answer:
Verified
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