The growth rate of real GDP is measured by the following formula:
A) real GDP in the current year minus real GDP in the previous year.
B) real GDP in the previous year minus real GDP in the current year.
C) × 100.
D) (real GDP in the current year + real GDP in the previous year) ÷ 2.
E) (real GDP in the current year minus real GDP in the previous year) × 100.
Correct Answer:
Verified
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