Over a year, a nation's GDP at current prices rose by 15 percent while the price index increased from 100 to 110. GDP at constant prices rose by about:


A.
3 percent

B.
5 percent

C.
7 percent

D.
9 percent

B.
5 percent

Economics

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An increase in the money supply will cause

A) the IS curve to shift down and to the right. B) the IS curve to shift up and to the left. C) the LM curve to shift down and to the right. D) the LM curve to shift up and to the left.

Economics

Refer to the above data. Assume that investment Ig is not affected by the income GDP level. The multiplier for this private open economy is:



All figures in the table below are in billions.
A.  1.25
B.  2.00
C.  2.50
D.  3.33

Economics