Assume the Inflation Rate in 2012 Is 2

question 12

Multiple Choice

Assume the inflation rate in 2012 is 2.1 percent.If the nominal GDP grew 3.2 percent and nominal wages grew 2.6 percent,what are the approximate real growth rates of GDP and wages?

• A)1.00%; 0.40%
• B)1.05%; 0.50%
• C)1.10%; 0.50%
• D)1.10%; 0.60%
• E)1.15%; 0.60%

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Definitions:

Sexual Pain Disorder

A condition characterized by significant pain during sexual intercourse, affecting comfort and sexual function.

Long-Term Relationship

A romantic relationship that demonstrates a deep commitment over an extended period of time, often characterized by mutual respect, love, and shared life goals.

Physical Appearance

The outward look or aspects of a person or object, including features, shape, and body size, which can affect social perceptions and interactions.

Social Status

The position or rank of a person or group within a society, determined by various factors including wealth, occupation, and education.