Multiple Choice
If money GDP was $6.0 trillion in a particular year, and the GDP price index number for that year was 75.0, real GDP would be:
A) $4.5 trillion.
B) $5.25 trillion.
C) $6.75 trillion.
D) $8.00 trillion.
Correct Answer:
Verified
Correct Answer:
Verified
Q153: Unemployment causes a loss for society because:<br>A)
Q154: Economic growth is an increase in:<br>A) total
Q155: Generally, you would expect inflation to hurt:<br>A)
Q156: Macroeconomics examines:<br>A) employment, output, and inflation.<br>B) pricing,
Q157: Deflation refers to:<br>A) a decrease in output
Q159: Possibly, the economy may have to trade
Q160: Which of the following is NOT a
Q161: Which of the following statements is FALSE?<br>A)
Q162: A comparison of the benefits and costs
Q163: In general over the past several decades,