Which of the following statements about the growth of real GDP in the U.S.economy is correct?
A) Real GDP grew on average about 4.5 percent per year between 1965 and 2004.
B) The growth in real GDP measures the growth in the output of goods and services.
C) The growth of real GDP has been steady over time.
D) All of the above are correct.
Correct Answer:
Verified
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