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Between 2012 and 2014 the real gdp rose by what percent

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Reference no: EM131137754

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?

Reference no: EM131137754

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