Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to answer the following questions:
-Between quarter 2 and quarter 3,real gross domestic product (GDP)grew by what percentage?
A) 4 percent
B) 3 percent
C) 1 percent
D) 2 percent
E) -2 percent

Question

Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to answer the following questions: 
-Between quarter 2 and quarter 3,real gross domestic product (GDP)grew by what percentage?
A) 4 percent 
B) 3 percent 
C) 1 percent 
D) 2 percent 
E) -2 percent

Quizplus · Accepted Answer

Real GDP grew from 100 in quarter 2 to 104 in quarter 3, an increase of 4%.

Consider the Following Data That Identifies Real Gross Domestic Product