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    Suppose Real GDP for the Base Year Is $3 Trillion
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Suppose Real GDP for the Base Year Is $3 Trillion

Question 88

Question 88

Multiple Choice

Suppose real GDP for the base year is $3 trillion.What is nominal GDP for that year?  


A)  $0.03 trillion 
B)  $0.3 trillion 
C)  $3 trillion 
D)  $30 trillion

Correct Answer:

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