Multiple Choice
If GDP is increasing at 4 percent per year,and the GDP deflator is rising at 2 percent per year,the real GDP is
A) increasing at 2 percent per year.
B) increasing at 6 percent per year.
C) increasing at 4 percent per year.
D) decreasing at 2 percent per year.
E) decreasing at 6 percent per year.
Correct Answer:
Verified
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