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If the Real Gross Domestic Product (GDP)for the Base Year

Question 97

Multiple Choice

If the real gross domestic product (GDP) for the base year is $4 trillion,then the nominal gross domestic product (GDP) for that year is _____.


A) −$.04 trillion
B) $0.4 trillion
C) $4 trillion
D) $40 trillion
E) $400 trillion

Correct Answer:

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