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The Growth Rate of Real GDP Is Measured by the Following

Question 128

Multiple Choice

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) 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. × 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.