$\text { Table 41a }$ -Table 41a Gives Quarterly GDP Data for a Complete Business

Multiple Choice

$\text { Table 41a }$
$\begin{array}{|c|}\hline \text {Real GDP}\\ \text {(Billions of 2000 dollars) }\\ \begin{array}{r|r|r|r|r}\hline \text { Year } & \text { 1st Qtr } & \text { 2nd Qtr } & \text { 3rd Qtr } & \text { 4th Qtr } \\\hline 1970 & & & & \$ 3,759.8 \\\hline 1971 & 3,864.1 & 3,885.9 & 3,916.7 & 3,927.9 \\\hline 1972 & 3,997.7 & 4,092.1 & 4,131.1 & 4,198.7 \\\hline 1973 & 4,305.3 & 4,355.1 & 4,331.9 & 4,373.3 \\\hline 1974 & 4,335.4 & 4,347.9 & 4,305.8 & 4,288.9 \\\hline 1975 & 4,237.6 & & & \\\hline\end{array}\end{array}$

-Table 41a gives quarterly GDP data for a complete business cycle. Using Mitchell's terminology, what is the value for Stage 1?

A) $3,759.8 billion
B) $4,237.6 billion
C) $4,373.3 billion
D) $4,147.5 billion