The country of Old Jersey produces milk and butter,and it has published the following macroeconomic data,where quantities are in gallons and prices are dollars per gallon.
Between Year 1 and Year 2,the percent change in real GDP (based on Year 1 as a base year) was
A) 58%.
B) 60%.
C) 130%.
D) 190%.
Correct Answer:
Verified
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