Multiple Choice

Real GDP in 2015 is $10 trillion. Between 2015 and 2016, using 2015 prices, GDP grew 3 percent and using 2016 prices real GDP grew 7 percent. Using the chain-weighted output index method, real GDP in 2016 is ________ trillion.
A) $10.5
B) $11
C) $10.1
D) $12.72
Correct Answer:
Verified
Related Questions
Q382: The chain-weighted output index method of measuring
Q383: The chain-weighted output index method
A) is used
Q384: A graph shows the wages of factory
Q385: A trend is a general tendency for
Q388: At 2015 prices, the value of production
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents