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Suppose That Real GDP for 2015 Was $10,000 Billion and Real

Question 47

Multiple Choice

Suppose that real GDP for 2015 was $10,000 billion and real GDP for 2016 was $11,000 billion.What is the rate of growth of real GDP between 2015 and 2016?


A) 1%
B) 2%
C) 5%
D) 10%

Correct Answer:

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