Sunday, November 29, 2015

91. The answer

Not the correct answer.

R 250 00 mil is merely the nominal difference between the GDP in the year 2000 and 1995. It still does not tell one whether the economy grew, stayed the same or contracted. To calculate the real GDP for 2000 one has to relate the 2000 GDP the price index. One does that by saying "120 is to 100 like 200 000 is to ???" Go back and select another alternative

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