If GDP rises from $5 trillion to $6 trillion and real GDP rises from $4 trillion to $4.4 trillion,the percentage change in the GDP deflator is
A) 15 %.
B) 10 %.
C) 2.3%.
D) 2%.
Correct Answer:
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Q219: Q220: If GDP is increasing at 4 percent Q221: If GDP rose from $6 trillion to Q222: If real GDP rose by 1 percent Q223: If real GDP rose by 3 percent Q225: Which one of these is counted in Q226: Which is the most accurate statement about Q227: If real GDP fell by 1 percent Q228: When there is inflation Q229: Which of the following is an intermediate
A)real GDP increases slower
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