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Homework answers / question archive / If in a given year nominal GDP grew by 11% while real GDP grew by 4%, inflation for this year must have been: ( a) -7% b) 15% O c) 8% O d) 7% O e) 11%    

If in a given year nominal GDP grew by 11% while real GDP grew by 4%, inflation for this year must have been: ( a) -7% b) 15% O c) 8% O d) 7% O e) 11%    

Economics

If in a given year nominal GDP grew by 11% while real GDP grew by 4%, inflation for this year must have been: (
a) -7% b) 15% O c) 8% O d) 7% O e) 11%

 

 

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