If NGDP Is Nominal GDP and P Is the Price $\times$

question 105

Multiple Choice

If NGDP is nominal GDP and P is the price level, which of the following can be used to calculate the growth of the real GDP?

• A) percent change in NGDP - percent change in P
• B) percent change in NGDP + percent change in P
• C) percent change in NGDP \(\times\) percent change in P
• D) percent change in P + percent change in NGDP
• E) percent change in P - percent change in NGDP

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