From the beginning to the ending years of a decade, the annual value of final goods and
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From the beginning to the ending years of a decade, the annual value of final goods and services for country \(X\) increased from \(€ 100\) billion to \(€ 300\) billion. Over that time period, the GDP deflator increased from 111 to 200 . Over the decade, real GDP for country X increased by approximately:
A. 50 percent.
B. 67 percent.
C. 200 percent.
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Related Book For
Economics For Investment Decision Makers
ISBN: 9781118111963
1st Edition
Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto
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