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Consider the Following Data That Gives the Quantity Produced and Unit

question 35

Multiple Choice

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next five questions: Assume that the base year is 2012.
Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next five questions: Assume that the base year is 2012.    -What was the growth rate of real GDP between the two years? A)  30% B)  3% C)  2% D)  20% E)  8.3%
-What was the growth rate of real GDP between the two years?


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Joseph LeDoux

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