Multiple Choice
In the first quarter of 2010, nominal GDP was $14,592.3 billion and the GDP deflator was 110.2. Real GDP for the first quarter of 2010, then, was equal to
A) $13,103.9 billion.
B) $13,133.1 billion.
C) $13,241.7 billion.
D) $13,424.9 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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