The table below contains data for the country of Candyland. The base year is 2011. Year GDP Nominal GDP Deflator $2000 100 $3000 120 $3750 150 $6000 200 2011 2012 2013 2014 Refer to Table above. Which of the following is not correct? This economy experienced growth from 2011 to 2012 This economy experienced inflation from 2011 to 2012, from 2012 to 2013, and from 2013 This economy experienced growth from 2012 to 2013 This economy experienced growth from 2013 to 2014 2014
The table below contains data for the country of Candyland. The base year is 2011. Year GDP Nominal GDP Deflator $2000 100 $3000 120 $3750 150 $6000 200 2011 2012 2013 2014 Refer to Table above. Which of the following is not correct? This economy experienced growth from 2011 to 2012 This economy experienced inflation from 2011 to 2012, from 2012 to 2013, and from 2013 This economy experienced growth from 2012 to 2013 This economy experienced growth from 2013 to 2014 2014
Chapter1: Making Economics Decisions
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![QUESTION 26
The table below contains data for the country of Candyland. The base year is 2011.
Year
GDP
Nominal
GDP
Deflator
$2000
100
$3000
120
$3750
150
$6000
2011
2012
2013
2014
200
Refer to Table above. Which of the following is not correct?
This economy experienced growth from 2011 to 2012
This economy experienced inflation from 2011 to 2012, from 2012 to 2013, and from 2013 to 2014
This economy experienced growth from 2012 to 2013
This economy experienced growth from 2013 to 2014](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2ea73f7b-6cc9-430b-9074-8088a1bae172%2F1bb1b4a0-28de-4d5e-8238-7e6b20775516%2F7qc5iq7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:QUESTION 26
The table below contains data for the country of Candyland. The base year is 2011.
Year
GDP
Nominal
GDP
Deflator
$2000
100
$3000
120
$3750
150
$6000
2011
2012
2013
2014
200
Refer to Table above. Which of the following is not correct?
This economy experienced growth from 2011 to 2012
This economy experienced inflation from 2011 to 2012, from 2012 to 2013, and from 2013 to 2014
This economy experienced growth from 2012 to 2013
This economy experienced growth from 2013 to 2014
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