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Following Is Data for a Hypothetical Economy

Question 97

Multiple Choice

Following is data for a hypothetical economy.The base year is 2002 (Price index = 100) . Following is data for a hypothetical economy.The base year is 2002 (Price index = 100) . Refer to the above data.Real GDP in 2006 was approximately: A) $3,433 billion. B) $3,743 billion. C) $4,023 billion. D) $4,031 billion. Refer to the above data.Real GDP in 2006 was approximately:


A) $3,433 billion.
B) $3,743 billion.
C) $4,023 billion.
D) $4,031 billion.

Correct Answer:

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