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Which of the Following Statements Is True?
A) Nominal GDP ÷\div

Question 41

Multiple Choice

Which of the following statements is true?


A) Nominal GDP = (price index ÷\div real GDP) ×\times 100
B) Nominal GDP = (real GDP ÷\div price index) ×\times 100
C) Real GDP = (price index ÷\div nominal GDP) ×\times 100
D) Real GDP = (nominal GDP ÷\div price index) ×\times 100
E) Price index = (real GDP ÷\div nominal GDP) ×\times 100

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