Solved

If Real GDP Was 100 in 2015 and 104

Question 103

Multiple Choice

If real GDP was 100 in 2015 and 104.4 in 2016, the growth rate of real GDP between 2015 and 2016 was

A) 2.2 percent.
B) 4.4 percent.
C) 100 percent.
D) 102.2 percent.

Related Questions

Q30: A nation's net exports consist of<br>A) its

Q46: The majority of spending in the category

Q66: The GDP equation is<br>A) Y = C

Q81: When differences between nominal GDP and real

Q88: What is the chain-weighted price index for

Q97: In the circular flow model, firms sell

Q98: The period of time in which the

Q101: Recall the Application about the time it

Q107: Recall the Application about the size of

Q141: Explain the supply and demand of products,