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    Exam 7: B: Measuring the Economys Output
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    In One-Year Nominal GDP Was $286 Billion and the Price
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In One-Year Nominal GDP Was $286 Billion and the Price

Question 108

Question 108

Multiple Choice

In one-year nominal GDP was $286 billion and the price index was 88.Real GDP in that year was:


A) $252 billion.
B) $325 billion.
C) $308 billion.
D) $262 billion.

Correct Answer:

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