Consider the Following Data That Identifies Real Gross Domestic Product

question 83

Multiple Choice

Consider the following data that identifies real gross domestic product (GDP) in comparison to the long-run trend of real GDP to answer the following questions:
-On average,what percentage does real gross domestic product (GDP) grow over the long run?

• A) 1 percent
• B) 2 percent
• C) 3 percent
• D) 4 percent
• E) 5 percent

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