Alamance-Burlington School System
Using Table 6.1 calculate the percentage increase in Real GDP from 1987 to 1988 using 1987 as the base year. The increase in real GDP from 1987 to 1988 is equal to ($26-$21)/$21 * 100% = 23.8%. Difficulty: E Type: A Using Table 6.1 calculate Real GDP in 1987 using 1988 as the base year. ................
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