Multiple Choice
In a small country, using prices of 2010, GDP in 2010 was $100 and GDP in 2011 was $110.Using prices of 2011, GDP in 2010 was $200 and GDP in 2011 was $210.The country's BEA will calculate ________ percent as the growth in real GDP between those years.
A) 10
B) 5
C) 15
D) 7.5
E) None of the above answers is correct.
Correct Answer:
Verified
Related Questions
Q210: Q211: Q216: Using prices from 2009, GDP grew 10 Q219: The nation's supply of productive resources increases Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents