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Table 12-12 -Refer to Table 12-12

Question 88

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Table 12-12
 Year  Nominal  GDP  Real GDP 2015$7,400$7,53720167,8137,81320178,3018,16520188,7608,516\begin{array}{|c|c|c|}\hline \text { Year } & \begin{array}{c}\text { Nominal } \\\text { GDP }\end{array} & \text { Real GDP } \\\hline 2015 & \$ 7,400 & \$ 7,537 \\\hline 2016 & 7,813 & 7,813 \\\hline 2017 & 8,301 & 8,165 \\\hline 2018 & 8,760 & 8,516 \\\hline\end{array}
-Refer to Table 12-12.Consider the following data on nominal GDP and real GDP (values are in billions of dollars) : The base year used in calculating real GDP is


A) 2015.
B) 2016.
C) 2017.
D) 2018.

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