Multiple Choice
In a small country, using prices of 2010, GDP in 2010 was $100 and GDP in 2011 was $110.Using prices of 2011, GDP in 2010 was $200 and GDP in 2011 was $210.The country's BEA will calculate ________ percent as the growth in real GDP between those years.
A) 10
B) 5
C) 15
D) 7.5
E) None of the above answers is correct.
Correct Answer:
Verified
Correct Answer:
Verified
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