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In a Small Country,using Prices of 2012,GDP in 2012 Was

Question 214

Multiple Choice

In a small country,using prices of 2012,GDP in 2012 was $100 and GDP in 2013 was $110.Using prices of 2013,GDP in 2012 was $200 and GDP in 2013 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:

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