If real GDP fell by 1 percent per year and the GDP deflator rose by 2 percent per year,the percentage change in GDP was
A) 1%.
B) -1%.
C) 3%.
D) 4%.
Correct Answer:
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Q222: If real GDP rose by 1 percent
Q223: If real GDP rose by 3 percent
Q224: If GDP rises from $5 trillion to
Q225: Which one of these is counted in
Q226: Which is the most accurate statement about
Q228: When there is inflation
A)real GDP increases slower
Q229: Which of the following is an intermediate
Q230: Each of the following is a direct
Q231: By adding together all market transactions in
Q232:
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