Question: ANSWER ONLY, NO EXPLANATION REQUIRED From the beginning to the ending years of a decade (10 years), the annual value of final goods and services

ANSWER ONLY, NO EXPLANATION REQUIRED

From the beginning to the ending years of a decade (10 years), the annual value of final goods and services for the country Macroland increased from 100 billion euros to 300 billion euros. Over that time period, the GDP deflator increased from 111 to 200. Over the decade, real GDP for this country increased by approximately:

50%.

67%.

300%

200%.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!