Use the Table Below to Answer the Following Questions

question 18

Multiple Choice

Use the table below to answer the following questions.
Table 20.4.1

-At 2010 prices,the value of production in 2011 was 2 percentage points higher than in 2010. At 2011 prices,the value of production in 2011 was 4 percentage points higher than in 2010. The chained-dollar real GDP is ________ in 2011 than in 2010.

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

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Definitions:

Tentative Statement

A provisional or not fully committed declaration, subject to further confirmation or investigation.

In-depth Study

An extensive and detailed examination of a subject to gain a deeper understanding of its aspects or nature.

Subject Group

A set of individuals or items selected for participation in an experiment or study.

Collecting Data

The process of gathering information in a systematic way to help in analysis, decision making, and reporting.