At 2017 Prices, the Value of Production in 2018 Was

question 109

Multiple Choice

At 2017 prices, the value of production in 2018 was 2 percentage points higher than in 2017.At 2018 prices, the value of production in 2018 was 4 percentage points higher than in 2017.The chained- dollar real GDP is _______ in 2018 than in 2017.

• A)2 percent smaller
• B)3 percent greater
• C)3 percent smaller
• D)4 percent greater
• E)2 percent greater

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