Use the Following Information to Answer This Question

question 23

Multiple Choice

Use the following information to answer this question.If nominal GDP rises from $100 trillion to $120 trillion,while the GDP deflator rises from 2.0 to 2.2,the percentage change in real GDP is approximately equal to

• A)-10%.
• B)10%.
• C)20%.
• D)9.1%.
• E) 0%.

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Investor

An individual or organization that puts money into financial schemes, shares, or property with the expectation of achieving a profit.

Big Markets

Broad and expansively defined industry sectors or customer bases where businesses seek to operate and grow.

VCs

Venture Capitalists, investors who provide capital to startups and small businesses with long-term growth potential in exchange for equity, or an ownership stake.

Great Teams

Groups of individuals working collaboratively towards a common goal, characterized by effective communication, mutual respect, and shared leadership.