Assume that in 2019 the nominal GDP in Scoob was $ 20 trillion and in 2020 the nominal GDP was $ 24 trillion.  What was the growth rate of nominal GDP between in 2020? (give your answers rounded to 1 decimal place)     A. 16.7%   B. 10.0%   C. 20.0%   D. 83.3%

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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  1. Assume that in 2019 the nominal GDP in Scoob was $ 20 trillion and in 2020 the nominal GDP was $ 24 trillion.  What was the growth rate of nominal GDP between in 2020? (give your answers rounded to 1 decimal place)

     

      A.

    16.7%

      B.

    10.0%

      C.

    20.0%

      D.

    83.3%

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