Multiple Choice
The economic growth rate between 2012 and 2013 is calculated by
A) the change in real GDP between the two years divided by real GDP in 2012, multiplied by 100.
B) real GDP in 2013 minus real GDP in 2012, multiplied by 100.
C) the change in real GDP between the two years divided by real GDP in 2013, multiplied by 100.
D) real GDP in 2013 plus real GDP in 2012, divided by 2, and multiplied by 100.
Correct Answer:
Verified
Correct Answer:
Verified
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