If real GDP was 100 in 2011 and 104.4 in 2012, the growth rate of real GDP between 2011 and 2012 was

Question

Quizplus · Accepted Answer

To calculate the growth rate of real GDP, we can use the formula: 
Growth rate of real GDP = ((Real GDP in 2012 - Real GDP in 2011)/Real GDP in 2011) x 100%
Plugging in the values, we get: ((104.4 - 100)/100) x 100% = 4.4%
Therefore, the growth rate of real GDP between 2011 and 2012 was 4.4 percent, which is option B.

If Real GDP Was 100 in 2011 and 104