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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Janet calculated the GDP growth rates for France between 2012 and 2013. Using 2012 prices for both years, GDP increased 5 percent. Using 2013 prices for both years, GDP increased 1 percent. Hence the chained-price method will calculate that between these years, real GDP increased by
A) 1 percent.
B) 3 percent.
C) 5 percent.
D) 6 percent.
E) 4 percent.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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8 years ago
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