Table 171 Refer to Table 17

question 102

Multiple Choice

Table 17.1 $\begin{array}{|c|c|c|}\hline \text { Year } & \text { Real GDP } & \text { Population } \\\hline 1 & \$ 575 \text { billion } & 22 \text { million } \\\hline 2 & \$ 580 \text { billion } & 24 \text { million } \\\hline 3 & \$ 605 \text { billion } & 25 \text { million } \\\hline 4 & \$ 606 \text { billion } & 27 \text { million } \\\hline\end{array}$
Refer to Table 17.1.The growth rate of the economy from year 2 to year 3 was

• A)4.0 percent.
• B)4.1 percent.
• C)4.2 percent.
• D)4.3 percent.

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Definitions:

Inflation

A condition characterized by a continuing rise in prices.