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

Question 9

Multiple Choice

If the nominal gross domestic product (GDP) for a year is $5.4 trillion,and the real gross domestic product (GDP) for the same year is $3.6 trillion,the GDP price index is _____.


A) 0.667
B) 150
C) 66.67
D) 50
E) 33.33

Correct Answer:

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