At 2012 prices,the value of production in 2013 was 6 percentage points higher than in 2012.At 2013 prices,the value of production in 2013 was 4 percentage points higher than in 2012.Using the chain-weighted output index,real GDP is ________ in 2013 than in 2012.
A) 10 percent greater
B) 5 percent greater
C) 7.5 percent greater
D) 4 percent smaller
Correct Answer:
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Q382: The chain-weighted output index method of measuring
Q383: The chain-weighted output index method
A) is used
Q386: The chain-weighted output index
A) uses only the
Q387: Real GDP in 2012 is $10 trillion.Between
Q387: A time series graph can show both
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