8. In year 2006, price level is 100 and nominal GDP is 1,000. In year 2007, price level is 120 and nominal GDP is 1,380. What's the real GDP growth rate from 2006 to 2007 ? A. 10% B. 15% C. 20% D. 38%
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Transparency, Recognition and the role of eSealing - Ildiko Mazar and Koen No...
8- In year 2006- price level is 100 and nominal GDP is 1-000- In year.docx
1. 8. In year 2006, price level is 100 and nominal GDP is 1,000. In year 2007, price level is 120 and
nominal GDP is 1,380. What's the real GDP growth rate from 2006 to 2007 ? A. 10% B. 15% C.
20% D. 38%