Assume the Inflation Rate in 2019 Is 1

question 52

Multiple Choice

Assume the inflation rate in 2019 is 1.2%. If the nominal GDP grew 3.3% and nominal wages grew 2.1%, what are the approximate real growth rates of GDP and wages?

• A)2.0%; .4%
• B)2.0%; .5%
• C)2.1%; .5%
• D)2.1%; .9%
• E)2.1%; .6%

---

Definitions:

Right to Bear Arms

The constitutional right, primarily found in the Second Amendment of the U.S. Constitution, that allows individuals to possess and carry weapons.

Gun Regulations

Laws and policies designed to control the manufacture, sale, transfer, possession, modification, and use of firearms among the populace.

Gun Control Laws

Legislation aimed at regulating the sale, possession, and use of firearms in order to prevent gun violence and ensure public safety.

Equal Rights Amendment

A proposed amendment to the United States Constitution aimed at guaranteeing equal legal rights for all American citizens regardless of sex, initially introduced in Congress in 1923 and passed in 1972 but not ratified by enough states.