If Real Gross Domestic Product (GDP)in a Particular Year Is

Multiple Choice

If real gross domestic product (GDP) in a particular year is $5,000 trillion and nominal gross domestic product (GDP) in that same year is $4,000 trillion,then the:

A) consumer price index (CPI) is 125.
B) economic activity has decreased by 20 percent.
C) GDP price index is 125.
D) GDP price index is 80.
E) economy has grown by 20 percent.