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Suppose That Real GDP for 2013 Was $10 000 Billion

Question 166

Multiple Choice

Suppose that real GDP for 2013 was $10 000 billion and real GDP for 2014 was $9500 billion.What is the rate of growth of real GDP?

A) -10 per cent
B) -1 per cent
C) -5 per cent
D) -2 per cent

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