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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 7: B: Measuring the Economys Output
  5. Question
    Refer to the Data Below and Using Year 1 as the Base
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Refer to the Data Below and Using Year 1 as the Base

Question 16

Question 16

Multiple Choice

Refer to the data below and using year 1 as the base year, the real GDP in year 4 was approximately: Refer to the data below and using year 1 as the base year, the real GDP in year 4 was approximately:   A) $3,989 billion. B) $3,562 billion. C) $3,774 billion. D) $3,494 billion.


A) $3,989 billion.
B) $3,562 billion.
C) $3,774 billion.
D) $3,494 billion.

Correct Answer:

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