The growth rate of real GDP equals O A. [(real GDP in current year real GDP in previous year) + real GDP in current year] x 100. O B. (real GDP in current year real GDP in previous year) x 100. O C. [(real GDP in previous year real GDP in current year) + real GDP in previous year] x 100. O D. [(employment in the current year - employment in previous year)/employment in previous year] x 100. O E. [(real GDP in current year - real GDP in previous year) + real GDP in previous year] x 100.

The growth rate of real GDP equals O A. [(real GDP in current year real GDP in previous year) + real GDP in current year] x 100. O B. (real GDP in current year real GDP in previous year) x 100. O C. [(real GDP in previous year real GDP in current year) + real GDP in previous year] x 100. O D. [(employment in the current year - employment in previous year)/employment in previous year] x 100. O E. [(real GDP in current year - real GDP in previous year) + real GDP in previous year] x 100.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter20: Economic Growth In The Global Economy

Section: Chapter Questions

Problem 2P

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