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.
Between Year 1 and Year 2,nominal GDP grew by
A) 60.0%.
B) 65.5%.
C) 83.3%.
D) 190.0%.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: You took out a loan one year
Q23: In a given year,a country's GDP =
Q38: The value of real GDP in the
Q44: The expected real interest rate (r)is equal
Q51: Fred the farmer purchased five new tractors
Q55: Nominal GDP in 1970 was $1035.6 billion,and
Q89: In a given year,a country's GDP =
Q92: In 1975,Richard Petty won the NASCAR race
Q98: The nominal interest rate minus the inflation
Q100: How are net exports,net factor payments from