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    Principles of Economics
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    Exam 23: Measuring a Nations Income
  5. Question
    If the GDP Deflator Is 200 and Nominal GDP Is
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If the GDP Deflator Is 200 and Nominal GDP Is

Question 70

Question 70

Multiple Choice

If the GDP deflator is 200 and nominal GDP is $10,000 billion,then real GDP is


A) $5,000 billion.
B) $2,000 billion.
C) $50 billion.
D) None of the above is correct.

Correct Answer:

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