In 1998 real gdp was 4000 billion then in 1999 nominal gdp, Ask an Expert

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In 1998 real GDP was $4000 billion. Then, in 1999, nominal GDP was $5445 billion, while the general price level increased 10 percent in 1999. Given this information, the percentage change in real GDP from 1998 to 1999 is: A. 10.1% B. 12.5% C. 19.2% D. 23.8%

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91572343

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