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The Following Table Shows the Production and Prices of an Economy's

question 100

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The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.
The following table shows the production and prices of an economy's only two goods,TVs and computers,in 2003 and 2009.Assume that 2003 is the base year.    -Over the period from 2003 to 2009,nominal GDP grew by ________ and real GDP grew by ________. A)  83%;145% B)  145%;83% C)  83%;34% D)  138%;78% E)  145%;78%
-Over the period from 2003 to 2009,nominal GDP grew by ________ and real GDP grew by ________.


Definitions:

RAM

Short for Random Access Memory, a type of computer memory that can be accessed randomly and is used for storing the working data and machine code currently being used.

FORTRAN

A high-level programming language used primarily for numerical and scientific computing, known for its efficiency in the areas of complex mathematical calculations.

ALGOL

A high-level programming language designed for scientific, engineering, and mathematical calculations, serving as a basis for many modern programming languages.

GUI

Stands for Graphical User Interface, a user interface that allows users to interact with electronic devices through graphical icons and visual indicators.

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