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Real GDP in 2017 Is $10 Trillion

Question 96

Multiple Choice

Real GDP in 2017 is $10 trillion. Between 2017 and 2018, using 2017 prices, GDP grew 3 percent and using 2018 prices real GDP grew 7 percent. Using the chain-weighted output index method, real GDP in 2018 is ________ trillion.


A) $10.5
B) $11
C) $10.1
D) $12.72

Correct Answer:

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