Which of the Following Equations Correctly Links the Growth Rate

question 113

Multiple Choice

Which of the following equations correctly links the growth rate of nominal GDP,the growth rate of real GDP,and the inflation rate?

• A) Growth rate of nominal GDP = Inflation rate + Growth rate of real GDP
• B) Growth rate of nominal GDP = Inflation rate - Growth rate of real GDP
• C) Growth rate of real GDP = Inflation rate + Growth rate of nominal GDP
• D) Growth rate of real GDP = Inflation rate - Growth rate of nominal GDP

---

Definitions:

Tax Return Lines

Specific lines on a tax return document where taxpayers report information or figures as required by tax regulations.

Detailed Reports

Comprehensive documents that provide an in-depth analysis or summary of data related to a specific topic or period.

Tailor

A tailor is a skilled craftsperson who makes, repairs, or alters clothing professionally, often creating garments to fit individual customers uniquely.

Permanent Accounts

Financial statement accounts whose balances are carried over into the next accounting period.