Multiple Choice
Nominal GDP in 2006 was $13,458.2 billion. In 2006, the GDP deflator was 116.9. What was the real GDP for 2006 if the GDP deflator uses 2000 as the base year?
A) $11,512.6 billion
B) $11,522.5 billion
C) $15,732.6 billion
D) $15,746.1 billion
Correct Answer:
Verified
Correct Answer:
Verified
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