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    Macroeconomics Study Set 12
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    Exam 9: Inflation: Its Causes and Cures
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    In 1991,the Growth Rate of Nominal GDP Was 2
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In 1991,the Growth Rate of Nominal GDP Was 2

Question 69

Question 69

Multiple Choice

In 1991,the growth rate of nominal GDP was 2.97 percent and the growth rate of real GDP was -0.98 percent.The inflation rate was


A) 1.99 percent.
B) 2.91 percent.
C) 2.97 percent.
D) 3.95 percent.

Correct Answer:

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