Economics 0455 · IGCSE · Economic growth

Economic growth — practice question

The following information was released by a central bank in an economy. In which case was real GDP growth the highest?

  • Arate of nominal GDP growth $2.0\%$; rate of inflation $1.0\%$
  • Brate of nominal GDP growth $7.0\%$; rate of inflation $5.0\%$
  • Crate of nominal GDP growth $9.0\%$; rate of inflation $13.0\%$
  • Drate of nominal GDP growth $10.0\%$; rate of inflation $11.0\%$

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