Suppose nominal gdp in 2012 was 100 billion and in 2014 it


Suppose nominal GDP in 2012 was $100 billion and in 2014 it was $150 billion.

The general price index in 2012 was 100 and in 2014, it was 120.

Between 2012 and 2014, the real GDP rose by what percent?

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Macroeconomics: Suppose nominal gdp in 2012 was 100 billion and in 2014 it
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