Multiple Choice
Suppose that in 1998, nominal GDP in Liveria is $4,500 billion. If the GDP deflator is 150, real GDP in 1998 is:
A) $300 billion.
B) $3,000 billion.
C) $5,000 billion.
D) $6,750 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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