The GDP in the economy of Ponziland was $5 billion in the year prior to the frauds (year 1).The economy were growing at 4 percent.Frauds during the year reduce aggregate income by $200 million.During the year,the economy has:
A)shrunk by 1 percent.
B)grown by only 1 percent.
C)remained flat.
D)grown by 4 percent.

Question

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The Answer of The GDP in the economy of Ponziland was $5 billion in the year prior to the frauds (year 1).The economy were growing at 4 percent.Frauds during the year reduce aggregate income by $200 million.During the year,the economy has:
A)shrunk by 1 percent.
B)grown by only 1 percent.
C)remained flat.
D)grown by 4 percent.

The GDP in the Economy of Ponziland Was $5 Billion