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    Exam 2: The Measurement and Structure of the National Economy
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    The Country of Old Jersey Produces Milk and Butter,and It
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The Country of Old Jersey Produces Milk and Butter,and It

Question 53

Question 53

Multiple Choice

The country of Old Jersey produces milk and butter,and it has published the following macroeconomic data,where quantities are in gallons and prices are dollars per gallon. The country of Old Jersey produces milk and butter,and it has published the following macroeconomic data,where quantities are in gallons and prices are dollars per gallon.   Between Year 1 and Year 2,nominal GDP grew by A) 60.0%. B) 65.5%. C) 83.3%. D) 190.0%. Between Year 1 and Year 2,nominal GDP grew by


A) 60.0%.
B) 65.5%.
C) 83.3%.
D) 190.0%.

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