Calculating Real GDP Percentage Change
A country’s nominal gross domestic product (GDP) was $200 billion in 2019 and $210 billion in 2020. If the GDP deflator increased from 100 in 2019 to 105 in 2020, what was the percentage change in real GDP?
A
4.76%
B
0%
C
5.00%
D
10.00%
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | jcbaird17 | 1 | 1 | 0m 00s | 100 |
| #2 | myigitali15 | 1 | 1 | 0m 17s | 83 |
| #3 | Silence_WSL | 1 | 1 | 0m 56s | 44 |
| #4 | yeeuncheon1 | 1 | 1 | 1m 50s | -10 |
| #5 | omar.hossam2612 | 0 | 1 | 2m 29s | -159 |
Items per page:
10
1 – 5 of 5