If inflation in the United States was 1.9% in 2014, and the growth rate of real GDP was 2.5%, what was the nominal GDP growth rate?
A)0.6%
B)4.4%
C)1.9%
D)2.5%

Name: If inflation in the United States was 1.9% in 2014, and the growth rate of real GDP was 2.5%, what was the nominal GDP growth rate? A)0.6% B)4.4% C)1.9% D)2.5%
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Quizplus · Accepted Answer

Nominal GDP growth rate = real GDP growth rate + inflation rate 
Nominal GDP growth rate = 2.5% + 1.9% = 4.4%

If Inflation in the United States Was 1