What was the rate of increase of the countrys nominal gdp


Problem

Between the start of 2012 and the start of 2013, a country's economic growth rate was 4 percent. Its population did not change during the year, nor did its price level. What was the rate of increase of the country's nominal GDP during this one-year interval?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: What was the rate of increase of the countrys nominal gdp
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