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If Nominal Gross Domestic Product (GDP)for a Particular Year Is

Question 29

Multiple Choice

If nominal gross domestic product (GDP) for a particular year is $6 trillion and real gross domestic product (GDP) for that year is $5 trillion,then the GDP price index for that year is _____.


A) 1.2
B) 17
C) 20
D) 83​
E) 120

Correct Answer:

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