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    Economics Study Set 8
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    Exam 25: Measuring and Describing the Aggregate Economy
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    If Nominal GDP Is $15 Trillion and Real GDP Is
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If Nominal GDP Is $15 Trillion and Real GDP Is

Question 105

Question 105

Multiple Choice

If nominal GDP is $15 trillion and real GDP is $12 trillion, the GDP deflator is:


A) 75.
B) 120.
C) 125.
D) 150.

Correct Answer:

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