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Real GDP =________ Where the Price Level Is the ________

Question 9

Multiple Choice

Real GDP =________ where the price level is the ________.


A) Nominal GDP × Price level;GDP deflator
B) Nominal GDP ÷ Price level;GDP deflator
C) Nominal GDP ÷ Price level;CPI
D) Nominal GDP × Price level;CPI
E) none of the above

Correct Answer:

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