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If the Real Gross Domestic Product (GDP)for the Base Year

Question 48

Multiple Choice

If the real gross domestic product (GDP) for the base year is $3 trillion,then the nominal gross domestic product (GDP) for that year is _____.

A) −$.03 trillion
B) $0.3 trillion
C) $3 trillion
D) $30 trillion
E) $300 trillion

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