Table 10-7
The table below contains data for the country of Togogo. The base year is 1974.
-Refer to Table 10-7. From 1976 to 1977,
A) inflation was 33.3% and output grew at a rate of 20%.
B) inflation was 33.3% and output grew at a rate of 60%.
C) inflation was 50% and output grew at a rate of 20%.
D) inflation was 50% and output grew at a rate of 60%.
Correct Answer:
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