Multiple Choice
In the economy of Wrexington in 2008,nominal GDP was $10 trillion and real GDP was $4 trillion.What was Wrexington's GDP deflator in 2008?
A) 25
B) 40
C) 250
D) 400
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q31: Identify the immediate effect of each of
Q48: Table 23-4<br>The table below contains data for
Q50: One bag of flour is sold for
Q51: Table 23-5<br>The table below contains data for
Q52: If Susan switches from going to Speedy
Q54: Table 23-4<br>The table below contains data for
Q55: U.S.GDP was almost $14 billion in 2007.
Q56: Which of the following is not included
Q58: The information below was reported by the
Q169: GDP does not make adjustments for leisure