Consider the Following Information on GDP and CPI for an Economy

question 48

Multiple Choice

Consider the following information on GDP and CPI for an economy over the last 3 years. Calculate nominal GDP growth for 2018.
$\begin{array}{lll}&\text { GDE}&\text { CPI }\\2017 & 137.4 & 246.5 \\2018 & 139.4 & 251.2 \\2019 & 141.8 & 257.0\end{array}$

• A)1.15%
• B)1.46%
• C)1.95%
• D)2.15%
• E)2.56%

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Definitions:

Fertilization

The process by which male and female reproductive cells (gametes) combine to produce a new cell (zygote) that will develop into a fetus.

Gene Expressions

The process by which the information encoded in a gene is used to direct the assembly of a protein molecule.

Stress

A psychological and physical response to perceived challenges or threats, influencing an individual's state of well-being.

Temperature

A measure of the warmth or coldness of an object or environment, typically expressed in degrees of a specified scale (e.g., Celsius, Fahrenheit).