(Table: Price and Output Data) Use Table: Price and Output Data. Between years 2 and 3, the amount of change in nominal GDP due to inflation was:
A) 100%
B) 100%.
C) 34%.
D) 34%
E) 22%.
F) 22%
G) 5%
H) 5%.
Correct Answer:
Verified
Q138: (Table: Price and Output Data) Use
Q139: (Table: Price and Output Data) Use
Q140: In the circular flow diagram, firms:
A)buy goods.
B)buy
Q141: In the circular flow diagram, firms:
A)sell goods
Q142: (Table: Price and Output Data) Use
Q144: In the market for outputs:
A)households sell goods
Q145: (Table: Price and Output Data) Use
Q146: In the market for outputs:
A)households supply goods
Q147: (Table: Price and Output Data) Use
Q148: In the market for inputs:
A)households sell goods
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