Determine real gdp rose by what percent
Suppose nominal GDP in 1999 was $100 billion and in 2001 it was $270 billion. The general price index in 1999 was 100 and in 2001, it was 150. Between 1999 and 2001, the real GDP rose by what percent?
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General price index in 1999 was 100 and in 2001, it was 150. Between 1999 and 2001, real GDP rose by what percent?
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