Answer the question based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year.YearUnits of OutputPrice Per Unit18$22103315441855206The percentage increase in real GDP from year 2 to year 4 is:

A. 40 percent.
B. 80 percent.
C. 100 percent.
D. 60 percent.


Answer: B

Economics

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