Multiple Choice
The table below shows the price indexes and the nominal gross domestic product (GDP) for an economy from 2001 to 2005.The real GDP _____ between 2004 and 2005.
?
Table 6.3
?
?
A) increased by about $5 billion
B) decreased by about $5 billion
C) remained almost constant
D) increased by about $2 billion
E) decreased by about $2 billion
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Which of the following is included as
Q12: The table below shows the price
Q13: Which of the following correctly illustrates the
Q14: Which of the following is true of
Q15: Suppose the real gross domestic product (GDP)equals
Q17: An increase in household production will increase
Q18: A chain-weighted index recognizes the fact that
Q19: Which of the following is an example
Q20: If an economy produces final output worth
Q21: The immediate effect of a purchase of