Multiple Choice
The table below shows total output for an economy over 3 years.
* millions of dollars
** real GDP measured in millions of 2007 dollars
TABLE 20-7
-Refer to Table 20-7.The nominal Gross Domestic Product in 2013 was
A) $700 000.
B) $724 000.
C) $774 000.
D) $798 000.
E) $820 000.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: When adding up the value of all
Q15: In national-income accounting,what does the term I<sub>a</sub>
Q36: Consider the investment component of GDP.The change
Q38: The table below shows total output for
Q40: Suppose that in 2015,ABC Corporation produced $6
Q42: Suppose that nominal national income in some
Q45: Which of the following purchases by households
Q83: Suppose a government collects $12 billion in
Q87: One reason that real GDP tends to
Q97: Which of the following is excluded from