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johnpaul92 johnpaul92
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8 years ago
Nominal gross private domestic investment was $1888.0 billion in 2008 and rose to $2057.4 billion in 2009. The chain-weight price index for gross private domestic investment was 106.6 for 2008 and 110.3 for 2009, where 2005 was the base year. Calculate the percent change in real gross private domestic investment (rounded to the nearest percentage point) from 2008 to 2009.
A) 5%
B) 3%
C) 1%
D) 4%
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Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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#3
8 years ago
Glad to be part of your success Wink Face
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