Multiple Choice
Say nominal GDP was $603.9 billion in 2001 and $572.3 billion in 2000,while the GDP deflator was 121.1 in 2001 and 117.7 in 2000.What was the growth rate of real GDP between 2000 and 2001?
A) 5.5%
B) 2.9%
C) 2.6%
D) 1.0%
Correct Answer:
Verified
Correct Answer:
Verified
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