For the following question(s), suppose an economy produces only pens and pencils, and that the quantity and price data is given by this table:

-What is approximately the growth rate of real GDP using base year 1?
A) 13%
B) 20%
C) 33%
D) 39%
E) 25%

Question

For the following question(s), suppose an economy produces only pens and pencils, and that the quantity and price data is given by this table:
 
-What is approximately the growth rate of real GDP using base year 1?
A) 13% 
B) 20% 
C) 33% 
D) 39% 
E) 25%

Quizplus · Accepted Answer

The Answer of For the following question(s), suppose an economy produces only pens and pencils, and that the quantity and price data is given by this table:
 
-What is approximately the growth rate of real GDP using base year 1?
A) 13% 
B) 20% 
C) 33% 
D) 39% 
E) 25%

For the Following Question(s), Suppose an Economy Produces Only Pens