Figure 24-4 -Refer to Figure 24-4.In the Figure Above,AD1,LRAS1 and SRAS1 Denote

Multiple Choice

Figure 24-4
-Refer to Figure 24-4.In the figure above,AD1,LRAS1 and SRAS1 denote AD,LRAS and SRAS in year 1,while AD2,LRAS2 and SRAS2 denote AD,LRAS and SRAS in year 2.Given the economy is at point A in year 1,what is the actual growth rate in GDP in year 2?

A) 2.5%
B) 7.3%
C) 8.0%
D) 10.0%