If nominal GDP rises from $100 trillion to $120 trillion, while the GDP deflator rises from 2.0 to 2.2, the percentage change in real GDP is approximately equal to:

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Use the following information to answer this question. If nominal GDP rises from $100 trillion to $120 trillion, while the GD
Use the following information to answer this question. If nominal GDP rises from $100 trillion to $120 trillion, while the GDP deflator rises from 2.0 to 2.2, the percentage change in real GDP is approximately equal to: Select one: o a. -10% o b. 10% oc. 20% d. 9.1% e. 0% OOO

 

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