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If the GDP of a country is $800 billion and it decreases by 10% due to a recessi

Practice Questions

Q1
If the GDP of a country is $800 billion and it decreases by 10% due to a recession, what will be the new GDP?
  1. $720 billion
  2. $740 billion
  3. $760 billion
  4. $800 billion

Questions & Step-by-Step Solutions

If the GDP of a country is $800 billion and it decreases by 10% due to a recession, what will be the new GDP?
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