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If Nominal GDP for 2000 Is $6400 Billion and Real

Question 96

Multiple Choice

If nominal GDP for 2000 is $6400 billion and real GDP for 2001 is $6720 billion (in 2000 dollars) ,then the growth rate of real GDP is

A) 0%.
B) 0.5%.
C) 5%.
D) 50%.

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