Introduction to Economics 2 Deneme Sınavı Sorusu #350026

From 2016 to 2017, if the nominal economic growth rate is 12.53 percent and for the same period the real rate is 4.38 percent, what is the result of price increases?


8.15

 

16.91

 

2.86

 

12.53

4.28


Yanıt Açıklaması:

The result of price increases is calculated by extracting the real rate from the nominal economic growth. That is, 12.53-4.38=8.15.

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