Suppose nominal GDP in 2009 was $100 billion and in 2010 it was $260 billion. The general price index in 2009 was 100 and in 2010 it was 180. Between 2009 and 2010 the real GDP rose by approximately:
a) 160 percent.
b) 44 percent.
c) 37 percent.
d) 80 percent.
b) 44 percent.
Economics
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