A National News Source Reports the Nominal Gross Domestic Product

question 13

Multiple Choice

A national news source reports the nominal gross domestic product (GDP) grew 6 percent in the last year.However,inflation was 4 percent.What was the real GDP growth?

• A) 1 percent
• B) 2 percent
• C) 6 percent
• D) 8 percent
• E) 10 percent

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