The table below indicates the price and output data over a five-year period for an economy that produces only one good. Refer to the above data.If year 2 is the base year, the percentage increase in real GDP from year 2 to year 4 is:
A)40 percent.
B)60 percent.
C)100 percent.
D)80 percent.

Question

The table below indicates the price and output data over a five-year period for an economy that produces only one good.  Refer to the above data.If year 2 is the base year, the percentage increase in real GDP from year 2 to year 4 is:
A)40 percent. 
B)60 percent. 
C)100 percent. 
D)80 percent.

Quizplus · Accepted Answer

The Answer of The table below indicates the price and output data over a five-year period for an economy that produces only one good.  Refer to the above data.If year 2 is the base year, the percentage increase in real GDP from year 2 to year 4 is:
A)40 percent. 
B)60 percent. 
C)100 percent. 
D)80 percent.

The Table Below Indicates the Price and Output Data Over