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If Real GDP in a Small Country in 2017 Is

Question 5

Multiple Choice

If real GDP in a small country in 2017 is $8 billion and real GDP in the same country in 2018 is $8.3 billion,the growth rate of real GDP between 2017 and 2018


A) is 3.0%.
B) is 3.6%.
C) is 3.75%.
D) cannot be determined from the information given.

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